TAX HNP provides the full tax services including tax compliance and tax advice. Advice on tax implication and tax planning is the normal element of the work that we provide for our clients in the business transactions, either big or small and both domestic and international, as the preventive measure. This will normally include the suggestion on the business model for tax efficiency or preferable tax implication. In certain cases where the issue is grey or requires a clear tax position, we will suggest and assist our clients in seeking for the private tax ruling from the Revenue Department. In certain cases after assessment of the facts and the risk, we may suggest the clients for the negotiation and amicable settlement in stead of challenge or litigation.
We do not give only the legal advice but also the practical advice and the alternative solutions as well as the best solution after exchange of the view and discussion with the clients. We are capable to handle complicated works. We do the tax planning for the business operator to achieve efficient tax risk management.
As the key partners are veterans of an International Law Firm, they have been exposed to various types of business transaction which the tax implication, both domestic and international, is vital. As the key example, they have experienced in the mega projects which require the set the business transaction as well as the domestic and international tax such as offshore and onshore work. Such past projects experience were the privatization of the State-Owned Enterprises, the underground train project, and the satellite projects.
We have advised our clients on various direct tax, indirect tax and international tax issues. Many of those are complicated issues. We would like to give the key description as follows:
Personal Income Tax* Analyzing and advising the personal income tax on the specific transactions, such as acquisition and disposition of property and shares in Merger & Acquisition transactions and stock option scheme.
* Analyzing and advising the personal income tax for in-bound secondment of expatriates to work in Thailand which also relates to the relevant Double Tax Agreements.
Corporate Income Tax* Analyzing and advising the Corporate income tax (including withholding tax) regarding the business deals, including sale, services, M&A, and international or cross-border transactions which relate to the Double Tax Agreements.
* Analyzing and advising on the unique supply chain discount scheme to the coil center company in relation to the automotive business in Thailand.
Value Added Tax (VAT)* Analyzing and advising on the trigger point of VAT both for domestic and cross-border transaction including entitlement to VAT 0% and VAT exemption.
International Tax* Analyzing and advising on the applicable Thai tax laws and 53 Double Tax Agreements between Thailand and other countries in respect of cross-border transactions in view of tax interpretation conducting by Thai Revenue Authority, Supreme Court and OECD.
Stamp Duty* Analyzing and advising on the stamp duty applicable to the transactions, such as the sale of shares, lease, hire of work, etc.
Property Tax* Analyzing and advising of the tax in respect of transfer of property for both individual and Corporate clients (income tax, fee, stamp duty).
* Analyzing and advising on the House and Land Tax including the preparation for the challenge and dispute settlement.
Transfer Pricing* Analyzing and advising on the transaction whether the transactions, both domestic and cross-border, will be considered as the transfer pricing under the law or not, including the supply chain and tiers of distribution.
Customs Duty* Analyzing and advising on strategy to settle or to challenge
* Analyzing and advising on the specific issue such as hazardous substances
* Analyzing and advising on the GATT and WTO elements
* Analyzing and advising the coil center companies in respect of the customs duty
Excises Tax* Analyzing and advising on the issues and the strategy for settlement or challenge
Tax Planning* Analyzing and advising on tax planning for various particular transactions
Tax Risk Management* Assisting to conduct tax health check review to quantify tax liabilities of refundable taxpayer
* Assisting to perform tax due diligence to identify potential tax exposures when acquire the business
* Assisting to deal with tax audit and tax dispute with the government bodies
Tax Compliance* Assisting to prepare and review monthly and annually tax returns
* Assisting to handle monthly payroll calculation and filing
CONTACTHatasakdi Na Pombejra - Partner and Managing Director
Phone: +662 632 1800 Ext 111
hatasakdi.np@hnpcounsel.comChinapat Visuttipat - Partner
Phone: +662 632 1800 Ext 181
chinapat.vs@hnpcounsel.comSorraya Boonsongprasert - Assistant Tax Director - Transfer Pricing
Phone: +662 632 1800 Ext 177
sorraya.b@hnpcounsel.comTatpicha Pipatmongkolchai - Tax Manager - Indirect Tax
Phone: +662 632 1800 Ext 180
tatpicha.p@hnpcounsel.comDownload: HNP Counsellors / HNP Taxand - Tax Profile
