Deloitte Thailand: How to better manage your customs and trade ops. during COVID-19
Dear distinguished guest, The Thai Revenue Department recently implemented new transfer pricing regulations and disclosure requirements. At the same time, many importers in Thailand may also be impacted from a customs perspective as they may rely on transfer prices to determine the customs value for their import purchases from related parties. With the Revenue and Customs Department actively pursuing tax revenue, companies must ensure they comply with both transfer pricing and customs valuation rules to mitigate tax risks and penalties. To do so, companies have to navigate the different rules and objectives which Revenue and Customs Department follow to assess the acceptability of their “related party transactions”. Join us on How to better manage your customs and trade operations during Covid-19, our eighth session under Deloitte Thailand: Combating Covid-19 with resilience | a webinar series where our Customs and TP professionals will offer a better view on the link between transfer pricing and customs valuation and how companies should address these complexities. By extension, we will also explore other hot customs topics that have emerged during and post Covid-19 and what they mean for importers and exporters in Thailand.