On 24 Feb 2016 Thailand Revenue Code Amendment Act (No 41) was gazetted amending the Thailand tax evasion law for filing false tax returns.
This Insight has been updated for the amendment.
Punishment for Filing False Tax Returns
As prescribed in Section 37 of the Revenue Code:
Whoever intentionally avoids a payment of tax or claims a refund of tax by filing false tax returns, or providing false statements or false answers to questions or providing false evidence, can be punished by:
Imprisonment for a term of 3 months to 7 years, and
A fine of 2,000 Baht to 200,000 Baht.
(As amended by Revenue Code Amendment Act (No 41) gazetted on 24 Feb 2016)
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