Thailand
A. Progress in the implementation of the minimum standard
Thailand has 61 tax agreements in force as reported in its response to the Peer Review questionnaire. None of those agreements comply with the minimum standard.
Thailand signed the MLI in 2022 and deposited its instrument of ratification on 31 March 2022, listing its non-compliant agreements concluded with other members of the Inclusive Framework. The MLI entered into force for Thailand on 1 July 2022. The agreements modified by the MLI come into compliance with the minimum standard once the provisions of the MLI take effect.
Thailand indicated in its response to the Peer Review questionnaire that steps have been taken (other than under the MLI) to implement the minimum standard in its agreements with Netherlands and Norway.
Thailand is implementing the minimum standard through the inclusion of the preamble statement and the PPT.1
Note
← 1. For its agreements listed under the MLI, Thailand is implementing the preamble statement (Article 6 of the MLI) and the PPT (Article 7 of the MLI).