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Implications for Thailand of US steel and aluminium tariffs

As heavily reported in the media, US President Donald Trump on March approved “safeguard” duties of 25% on imports of certain steel products and 10% on certain aluminium products, in addition to other import taxes and duties. This controversial move is aimed at promoting the use of locally produced steel products and protecting American manufacturers.  The […]

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Thailand: New transfer pricing regime imminent

Since last year, Thailand has become a member of two global groups combatting international tax avoidance. First, the Global Forum on Transparency and Exchange of Information for Tax Purposes requires member countries to exchange information for tax transparency. Second, the Inclusive Framework on Base Erosion and Profit Shifting (BEPS) commits members to implement up to 15 action […]

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Thailand: Govt outlines EEC environmental goals

Environmental problems along the Eastern Seaboard could worsen after the Eastern Economic Corridor (EEC) — the government’s pet industrial development project — comes online, according to Environment Minister Gen Surasak Kanjanarat. “We will get more money from the EEC, but exchanging that for unhealthy air quality and a dirty environment. Would that be okay?” he said.  […]

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Thailand: Cargill welcomes Thailand 4.0, reaffirms commitment

Addressing the Thailand Board of Investment, Cargill expressed its strong support of the Thai government’s “Thailand 4.0” economic model. Cargill also affirmed its strong commitment to continue investing in the Thai economy and contributing to the development of the country’s agriculture sector. Over the past 50 years, Cargill has invested US$1 billion to establish a […]

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