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Thailand Prescribes CbC Reporting Requirements

|Approved Changes|Thailand
Thailand

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…

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