Thailand: Tax regimes as “harmful tax practices” | KPMG Global
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Thailand: Tax regimes identified as “harmful tax practices”

Thailand: Tax regimes as “harmful tax practices”

A review by the OECD of preferential corporate tax regimes in Thailand identified five corporate tax regimes as “harmful tax practices.” The identified tax regimes are known as:


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  • International headquarters (IHQ)
  • Regional operating headquarters (ROH)
  • International trade center (ITC)
  • Treasury center (TC)
  • International banking facilities (IBF)

In addition, the Council of the European Union in December 2017 released the EU list of non-cooperative jurisdictions for tax purposes, with Thailand having been placed in the “grey list” of the EU report as not appearing in compliance with the EU criteria on tax transparency and fair taxation in relation to the same tax regimes reviewed by the OECD. 


Read a December 2017 report prepared by the KPMG member firm in Thailand

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