Edition Year 2008 Edition Year 2007 Edition Year 2006
No. 19 Edition June 2008 • Increases in Tax Deductions for RMF, LTF, Life Assurance, Provident Fund, and Government Pension Fund Become Effective • Revenue Ruling on Writing off Bad Debt Owed by Overseas Debtor No. 18 Edition May 2008 • No More Dividend Tax Credit for Individual Shareholders of Company Paying the Petroleum Income Tax according to the New Ruling of Board of Taxation • Department of Business Development Issues the Warning on Holding General Meetings of Limited Companies No. 17 Edition April 2008 • Revenue Ruling on Business Assets Purchase at the Price Lower than the Market Price (Negative Goodwill) • Largest Tax Stimulus Package in Decade Becomes Effective • New Guidelines for Foreign Business License Application • Amendment Electronic Transactions Law • New Law on Unsafe Goods No. 16 Edition March 2008 • Bank of Thailandfs Cancellation of 30% Foreign Exchange Reserve Requirement on Capital Inflows • Largest Tax Stimulus Package in Decade • Condominium Act (No. 4), B.E. 2551 (2008) No. 15 Edition February 2008 • Bank of Thailand Relaxes Foreign Exchange Control Regulations • Specific Business Tax Reduction, New Consumer Law Introduces the Exception to Limited Liability of Companies' Shareholders • Taxpayers Need to Hold RMF Units until Age of 55 Years Old to Get Extra Tax Deduction for RMF Units Purchased from March 1, 2008 No. 14 Edition January 2008 • Increase in Tax Deduction for Home Loan Interest • Amendments to the Labor Protection Act, B.E. 2541 (1998) • Amendment to Limited Company Law • Deposit Protection Institute Act • Act on Protection of Benefits of Contractual Parties (Escrow)