Thailand has published Ministerial Regulation No. 353 in the 6 December 2019 edition of the Official Gazette concerning tax withholding on interest payments to mutual funds. The regulation provides that corporate entities in Thailand making interest payments to a resident mutual fund are required to deduct 15% withholding tax and remit the tax to the Thai Revenue Department by the 7th day of the month following the month in which the payment was made. The regulation applies with retroactive …