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.
