Thailand introduces new CbC reporting requirements

20 February, 2022

On 12 January 2022, the Thai Revenue Department has issued Notification No. 419 with following additional provisions to the CbC reporting requirements:

For CbC reporting, the “reporting entity” must register for e-filing via one of two e-filing systems.
After receiving approval from one of the two e-filing systems, the reporting entity can use the username and password provided by that system to file the CbC report.
The CbC report will be considered as having been successfully submitted when the reporting entity receives the “acceptance confirmation” from the e-filing system.

Asia-Pacific

Thailand

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