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TIEA

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AcronymDefinition
TIEATax Information Exchange Agreement
TIEATrade and Investment Enhancement Agreement
TIEAThai Industrial Estate Association


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Information "may" be shared in some circumstances involving a TIEA (Tax Information Exchange Agreement) request but then the only names being given up would be the member of our law firm signing on the bank account.
If this is the case, it's best to form the corporation in a country that has not signed any TIEA (Tax Information Exchange Agreements) or MLAT (Mutual Legal Assistance Treaties) then the information will be given in case of an inquiry since the bank does know who you are.
If the affiliate is not resident or if its business is not carried on in a treaty or TIEA country, a foreign tax credit is available to offset the taxes paid in the foreign country.
 
 
 
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