The new regulation aims to provide greater legal certainty, simplify administration, and align the tax framework with the transfer of regulatory and supervisory duties over digital financial assets to the Financial Services Authority (OJK).
Thailand's latest tax ruling on outbound software payments introduces a rights-based approach to classify payments as business profits or royalties. This shift aligns with international tax standards and impacts cross-border technology transactions, including cloud computing and custom software development. Learn how to optimize withholding tax exposure under this new interpretation.
