Thailand Implements Top-Up Tax for Multinational Enterprises Starting 2025
Multinational enterprises face new tax obligations in Thailand, with the introduction of a 15% minimum effective tax rate under the OECD’s global tax reform framework starting January 2025. Thailand introduces a top-up tax under the OECD framework, effective January 2025, ensuring multinational enterprises with annual turnover over EUR 750 million meet a 15% tax rate….