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Editorial

Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

When the spirit of the law shines

2 May 2017 at 04:00

NEWSPAPER SECTION: BUSINESS

When the spirit of the law shines

The current government has been trying very hard to make Thailand a jurisdiction that places more emphasis on substance and less on surface appearances. This is evident in recent legal reforms, but the attitudes of state authorities remain problematic. Many seem to believe that in order to be patriotic, the private sector must submit to any extra conditions that authorities impose above and beyond the legal framework.

Cross-shareholding Rules and Dividend Tax Exemptions Clarified

19 Apr 2017 at 04:00

NEWSPAPER SECTION: BUSINESS

Cross-shareholding Rules and Dividend Tax Exemptions Clarified

Most people are aware that there are two major types of double taxation for income tax purposes. The first is juridical double taxation, in which one taxpayer is taxed twice on the same amount of income by two different jurisdictions. This is normally dealt with in the context of double-taxation agreements.

Innovation & Thailand 4.0: Value Creation for Business using Trade Secrets

Thailand 4.0 stands for the new stage to transform the country currently relying on heavy industries (3.0 stage) into a creativity and innovation-driven economy. Trade secrets are definitively value-based and could help pursing Thailand 4.0.

On 14 March 2017, the Thai Department of Intellectual Property (DIP), the US Patent and Trademark Office (USPTO) and the Legal Committee of the American Chamber of Commerce in Thailand, joined by legal practitioners and business owners, gathered to discuss an all too often neglected intangible asset owned by almost any business: trade secrets.

Tax Deductibility of Penalties and Surcharges

4 Apr 2017 at 04:00 / NEWSPAPER SECTION: BUSINESS

Tax Deductibility of Penalties and Surcharges

What would you do if one day a government body issued a ruling that set aside a guideline you were required to comply with, and another day it issued another ruling requiring you to do a different thing, potentially exposing you to wrongdoing? Unfortunately, that day appears to have arrived in the case of the Board of Taxation, a panel drawn from various respected government agencies, appointed and empowered under the Revenue Code to provide interpretations on tax matters.

The Miracle of Taxation

Published: 21 Mar 2017 at 04:00 / NEWSPAPER SECTION: BUSINESS

The Miracle of Taxation

Two hundred and forty years ago, the renowned economist Adam Smith set out four canons of taxation in The Wealth of Nations. A decent tax system, he wrote, should follow the standards of justice, certainty, convenience and economy.

Turning Entrepreneurs into Corporate Entities

7 Mar 2017 at 04:00 / Newspaper section:Business

Turning Entrepreneurs into Corporate Entities

Tougher measures against tax dodgers

February 2017 - Tax & Private Client. Legal Developments by LawAlliance Limited.

More articles by this firm.

Published: 21 Feb 2017 at 04:00 / NEWSPAPER SECTION: BUSINESS

Tougher measures against tax dodgers

The world is entering a new era in which national tax authorities are joining hands to set up a system to hound those who dodge paying their fair share of tax by applying unacceptable tax-planning schemes.

THE ERA OF PLAIN PACKAGING IS COMING IN THAILAND

The latest legislative developments in the tobacco sector in Thailand are worrying the tobacco industry but also the food and beverage sectors as similar regulations may follow.

The content of the draft Thai Tobacco Product Control Act ("TPCA") regulating the packaging and labeling of tobacco products has first been introduced in 2010 under a different Bill named draft Tobacco Consumption Control Act (or “TCCA”), and shows the ever growing restrictions imposed on the tobacco industry in Thailand.

New measures to improve well-being and business opportunities

February 2017 - Tax & Private Client. Legal Developments by LawAlliance Limited.

More articles by this firm.

7 Feb 2017 at 04:00 / Newspaper section:Business

New measures to improve well-being and business opportunities

This year has started with some legislation aimed at improving tax treatment and allowances to enhance the well-being of people in general, and to add to Thailand's charm as a target for business investors.

Using the tax system to reduce inequality is a work in progress

February 2017 - Tax & Private Client. Legal Developments by LawAlliance Limited.

More articles by this firm.

24 Jan 2017 at 04:00

Newspaper section: Business

Using the tax system to reduce inequality is a work in progress

The seriousness of economic inequality was portrayed dramatically by Oxfam International last week, when it reported that the eight richest people in the world own as much wealth as the 3.6 billion who make up the poorest half of humanity. In Thailand, the wealth held by the 50 richest people has been estimated at 25% of the country's gross domestic product.

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International comparative guides

Giving the in-house community greater insight to the law and regulations in different jurisdictions.

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GC Powerlist -
Australia and New Zealand

International comparative guides

Giving the in-house community greater insight to the law and regulations in different jurisdictions.

Select Practice Area

GC Powerlist -
Australia and New Zealand