Worldwide tax summaries 2011/12

Third party royalties no longer dutiable in Thailand?

Jan 2012

At the end of 2011, the Supreme Court in Thailand ruled on the customs duty treatment of third party royalty payments. In this case the Supreme Court determined that the royalty that the importer in Thailand had to pay to its parent company in the US did not have to be added to the customs value of the imported goods which it purchased from an unrelated seller.

Contacts


Paul Sumner: Partner; Thailand; Tel: +[66] (2) 344 1305 Email

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