Thai Unit of Toyota Motor Corporation ordered to Pay Extra Taxes
Nikkei Asia reported that:
Thailand Supreme Court on Thursday upheld a lower court ruling that the local unit of Toyota Motor Corp. owed the government 10 billion baht ($272.11 million) in extra taxes for importing components not subject to a reduced tariff.
Nikki Asia reported that “Toyota’s Thailand unit in a written statement said it was paying the lower tax rate for imported...
Sanction Tracker – Russia
As part of our compliance and international trade practice, we strongly encourage all of our clients and other interested parties to take appropriate measures to determine if they are directly or indirectly doing business with any party subject to the sanctions that have been imposed against Russia. You can view Correctiv’s sanction tracker here.
We do not maintain this check list. It is...
Thailand Falls Another Three Places on Transparency International’s Corruption Index
Thailand ranked 104th among 180 countries surveyed, down from 101st a year earlier, with an overall score of 36 out of 100. The higher the ranking the greater the perception of corruption, and the lower the score, the higher the perception of corruption. Although there have been minor changes, Thailand’s ratings on Transparency International’s Corruptions Perceptions Index...
TAT Sentence Upheld on Appeal
The Bangkok Post is reporting that the convictions of the former Governor of the Tourism Authority of Thailand (TAT), Ms. Juthamas Siriwan, and her daughter, Jittisopa Siriwan, have been held up on appeal to the Thai Supreme Court. This presumably brings an end to the long saga of the Bangkok Film festival corruption case.