Thailand Prescribes CbC Reporting Requirements
The Thai Revenue Department has published Notification No. 408, prescribing Country-by-Country (CbC) reporting requirements for MNE groups in Thailand. The notification includes the following key points:
- The CbC reporting requirement applies for MNE groups meeting a consolidated group revenue threshold of THB 28 billion in the previous fiscal year (accounting period);
- The primary CbC report f…