You are using an outdated browser and your browsing experience will not be optimal. Please update to the latest version of Microsoft Edge, Google Chrome or Mozilla Firefox. Install Microsoft Edge

August 3, 2011

Utilization of Tax Credits on Dividends

Tilleke & Gibbins

One question that is frequently asked by individual shareholders concerns the utilization of tax credit on dividends granted under Section 47 bis of the Thai Revenue Code. This article will discuss the conditions for using tax credit and explain how the tax credit can benefit a shareholder.

RELATED INSIGHTS​ 

January 28, 2020
Tilleke & Gibbins authors have provided the latest update to the Thailand Q&A section of Doing Business in… , a Q&A-style guide published by Thomson Reuters Practical Law that presents an overview of recent legal developments affecting doing business in 59 jurisdictions worldwide. The Thailand chapter of the guide was written by attorneys from Tilleke & Gibbins and presents an overview of Thailand’s legal system and key laws applicable to foreign companies doing business in the country.
November 4, 2019
International franchises have taken off in the past decade in Vietnam, with signs of some of the world’s most well-known consumer brands lining the streets and shopping centers of major cities. While franchising has become a common form of business in Vietnam, the country’s laws in this area are in a relatively early stage, which can lead to uncertainties for many businesses wishing to operate a franchise system in Vietnam.
September 5, 2019
Bloomberg Tax, a research portal featuring information on tax systems around the world, has published the Country Guide for Myanmar , authored by legal practitioners from Tilleke & Gibbins’ office in Yangon.The guide is part of their repository of expert analyses of tax systems worldwide, which features in-depth information on the ins and outs of tax systems around the globe. This guide to taxes in Myanmar includes the following: