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 filing requirement applies for ultimate parent entities of MNE group resident in Thailand, with the report due along with the annual corporate tax return (P.N.D. Form 50), which is generally due 150 days following the close of the accounting period; A secondary local filing requirement...