TaxCase Study

Case Study: Surviving a Professional Services Audit

Siam Advice FirmTax Analysis

In 2025, a European consulting firm based in Bangkok received an audit notice. The trigger? A large input VAT refund claim and high travel expenses. Their journey offers a masterclass in audit survival.

 

The Scrutiny

The Revenue Department requested a review of the last 2 years of filings. They focused specifically on "Director's Business Trip" expenses, which included luxury hotel stays and international flights.

 

The Defense Strategy

Instead of resisting, the firm provided a structured data package:

  • Board Resolutions: Approving the business travel for specific overseas client acquisition.
  • Outcome Reports: Showing that the travel led to new contracts for the Thai entity.
  • Digital Ledger: Linking every receipt to a specific project code.

 

The Result

Because every expense had a clear Business Purpose, the auditor allowed 95% of the claims. The firm only had to pay a small adjustment for some "entertainment" costs that were missing attendee lists.

 

Crucial Lesson

The auditor isn't looking for perfection; they are looking for substance. If an expense is truly for generating revenue in Thailand, and you can prove it with more than just a receipt, your audit risk decreases significantly.

 


Related Service: Accounting & Tax Compliance — Professional audit representation to protect your interests.

Need Professional Guidance?

Don't navigate Thai regulations alone. Our licensed experts are ready to assist with your specific business case.

Siam Advice Firm

Your strategic gateway to Thailand business. Professional consulting for foreign investors.

Contact

Disclaimer: Siam Advice Firm is a private professional consulting firm. We are not a government agency and do not provide official government documents directly. We provide legal advisory and support services to ensure business compliance with Thai regulations.

© 2026 Siam Advice Firm. All rights reserved.