BRS’s Tax & Customs legal department, led by senior partner Mr. Sumet Mingmongkolmitr, has established a reputation for innovative tax planning in Thailand, and specializes in tax issues relating to foreign investment and offshore tax structuring. Our expert tax lawyers advise on how to structure complex business transactions and arrangements, and deliver preemptive tax solutions and investment strategies to satisfy our clients’ diverse legal requirements.
Sumet maintains an active and highly-skilled legal practice; his team of tax attorneys provide legal counsel on corporate tax, valued added tax (VAT), customs duty exemptions, joint venture tax considerations, tax planning for consortiums, as well as tax savings under international tax treaties. Sumet himself is regularly asked to advise on tax issues relating to foreign investment, along with suitable offshore structures for outbound transactions. He is a reference point for high-net-worth individuals and multi-national corporations regarding their tax operations in Thailand. We have successfully handled numerous claims against clients by revenue authorities in the Thai Tax Court either through outright judgements in our favour or satisfactory settlements.
A large number of our tax and customs clients are corporations engaging in the business of importation and exportation of various types of products. Our tax lawyers provide commercial, technically-sound tax advice across a full range of business tax issues, from customs duty, excise tax and transfer pricing to corporate income tax, property and land tax. We also provide legal advice on specific business tax, strategic tax planning, tax-efficient IP structuring, tax on international income, and double taxation treaties.
We show clients how to take advantage of investment and tax incentives for special industries and laws governing international trade, including bilateral/multi-lateral trade agreements and the ASEAN Economic Community agreement. We guide clients through the maze of regulations, interpretations and definitions to help them to maximize tax benefits and minimize tax liabilities.
Our experienced customs attorneys are regularly called upon to interpret and classify customs Tariff Codes and to challenge decisions by customs officers regarding items of conflict. Our services in this regard include but are not limited to:
- applying for consultations on customs Tariff Codes before importation;
- representing clients in discussions with customs officials in post-importation audit assessments;
- defending clients against incorrect customs tariff assessments and other allegations made by customs officials; and
- assisting with post-importation issues, such as applying for the return of duty and requests to pay additional duty.
Tax and customs law in Thailand is challenging and complex, and not always easy to follow; rules on customs, foreign exchange and tax are routinely adjusted to support the government’s broad economic policy goals. Our tax and customs lawyers are highly regarded in the Thai legal industry for their ability to help clients overcome the impact of customs, tax and trade regulations on business performance, and have been recognized year on year as being among the region’s leading providers of independent tax and customs legal advice and assistance.