If the client withhold the tax for selling of equipment, and already submitted to the RD. Can we refund for such back?

by panwa group | Nov 4, 2021 | 5.QA

We would like to discuss that we withheld the tax 3% of payments of “Golf Simulator Equipment” selling which it does not need to deduct any withheld tax 3% but our client understood that it is the “Services”, so, they had withheld the tax from...

In case of failure to submit the disclosure form for 2021, how much is the penalty that we need to pay to the Revenue Department?

by panwa group | Nov 4, 2021 | 5.QA

We did not submit the disclosure form for year 2021, how much is the penalty that we need to pay to The Revenue Department? Panwa: If your company did not submit the disclosure form for year 2021, your company need to pay the penalty in the amount as below. Submit...

In case of Thai company sends their employees to work in their overseas branches and such employees do not bring money back in Thailand, is the company obliged to withhold tax and such employees need to pay any tax(es)?

by panwa group | Nov 4, 2021 | 5.QA

The company in Thailand sends employees to work in their overseas branches which such employees do not bring in and do not keep money back in Thailand. For such case, is the Thai company obliged to withhold tax and do such employees need to pay any tax(es)? Panwa :...

In case of overseas exhibition which consists of job operation in local and overseas, can the company refund the VAT related to such operation?

by panwa group | Oct 29, 2021 | 5.QA

We would like to explain about our business that we serve for rental of exhibition areas in local and overseas which we sale to client the booth space and prepare the standard booth construction. In case of the overseas exhibition consists of  the job operation in...

What time can we submit the tax form under the new RD e-filing system?

by panwa group | Oct 29, 2021 | 5.QA

Under the new system of RD E-filling (New e-Filing), what time can we submit the tax form? Panwa:  Under the New e-Filing, you can submit the tax form between 6 A.M. to 10. P.M. and you can cancel the tax forms that you submit already before midnight of the date that...

For the case of the company has loan from foreign companies and it agrees to pay back the principal without interest first, such payment need to withhold tax?

by panwa group | Oct 29, 2021 | 5.QA

The company has loan from foreign companies which it agree to return only the principal first. The interest will be paid later by notifying at Bank of Thailand. Will the tax be withheld and remitted from the principal paid? Panwa :  If there is evidence of money...