On 15 October 2014, Ireland approved for ratification the pending income and capital gains tax treaty with Thailand. The treaty, signed 4 November 2013, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Irish income tax, corporation tax and capital gains tax, and Thai income tax and petroleum income tax.
Service PE
The treaty includes the provision that a permanent establishment will be deemed constituted when an enterprise furnishes services within a…