MBK Group

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Tax Management

 

The Company places great importance on and adheres to the laws related to taxation and the principles of good corporate governance continuously. We recognize the responsibility of being a good taxpayer, which reflects our commitment to society and contributes to the sustainable development of the country. This helps build trust with all stakeholders. We ensure tax compliance by following relevant laws and regulations, and the tax practices are integrated into the operational procedures of the accounting and finance department. We prioritize timely tax payments as required by various tax laws. The Company follows these operational guidelines:

Operational Guidelines

The Group primarily conducts its business in Thailand and has no significant income or assets from foreign countries. In 2024, the Company reported a profit before tax expenses of 3,134 million baht, with corporate income tax expenses amounting to 409 million baht, reflecting an effective tax rate of 20%.

In addition, the Company has also received a tax exemption privilege on corporate income tax for training or employee development programs to enhance the employees' capabilities and skills.