Sessions
Competition: Is there a shift in the incentive landscape?
4:00 PM - 5:30 PM Thu
Monchai is a partner at TMI Associates (Thailand) Co., Ltd. Monchai has been practicing his career as a tax lawyer for more than 25 years. He primarily works on tax matters, including direct and indirect taxes, e.g. corporate income tax, VAT, customs duty, excise tax, etc. He was one of the panellists at an IFA 2019 in Singapore.
He advises multinational companies about the legal and tax ramifications of cross-border structuring and investment, and local taxes in many areas, e.g. manufacturing, trading, logistics, e-commerce, etc. With a legal background, Monchai can assist clients in projects covering both legal and tax aspects, e.g. M&A projects, engineering, procurement and construction contracts, joint ventures, entire business transfer constructions, offshore investment, and due diligence projects.
He is also one of the leading customs advisors, esp. customs valuation, thus being able to give advice on customs valuation related to transfer pricing. He is currently working on several projects with his clients and the Thai Customs Department on transfer-pricing-related customs issues, e.g. retroactive year-end profits adjustment under TNMM, which impacts the declared import prices, etc.
Apart from that, Monchai works with the firm’s litigation team on tax dispute resolution during the assessment, appeal process, and tax litigation in the Court.