OrbitaxOrbitax

Supreme Court of Thailand treats payment for US customer base as royalty

|Treaty Development|Thailand-US
Thailand-US

The Supreme Court of Thailand recently gave its decision in the case of Hanasemi Conductor (Bangkok) Co., Ltd. (Hasemi Conductor) v. Thai Revenue Department. Details of the decision are summarized below.

(a) Facts. Hasemi Conductor had previously engaged the services of a distributor for its products in the United States. The company subsequently deci…

Continue Reading