26/01/2017 – Thailand has joined the Global Forum on Transparency and Exchange of Information for Tax Purposes as its 139th member. Its membership reinforces its commitment to implement both the international standard of exchange of information on request and the standard of automatic exchange of financial account information.
Thailand is now part of the international community in the fight against tax avoidance and evasion and will be working closely with all members of the Global Forum as well as the Global Forum Secretariat to reach its goals in implementing the standards on exchange of information on request and automatic exchange of financial account information.
The Global Forum's aim is to ensure that all jurisdictions adhere to the same high standard of international co-operation in tax matters. This is done through a robust monitoring and peer review process which Thailand will also be subject to.
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