Executive summaryThe Thai Ministry of Finance enacted a Notification on 23 December 2021 (the Notification), announcing an extension of the deadline for submission of Thai transfer pricing Country-by-Country (CbC) reports in Thailand, applicable to fiscal years starting on or after 1 January 2021. The Notification is enacted to ensure that Thailand’s CbC report submission deadline is consistent with internationally accepted standards.This Alert summarizes the key updates with respect to the CbC report submission deadline.Detailed discussionPrior to the Notification, a multinational enterprise (MNE) group with consolidated revenue of not less than THB28,000 million (US$840 million) in the immediately preceding fiscal year...