Success story: PineBridge Investments

PineBridge Investments
PineBridge Investments

Industry

Investment Management, Financial Services

Customer Profile

PineBridge Investments is a private, global asset manager focused on active, high-conviction investing.

Market

Thailand

Tricor Services

Accounting & Tax Compliance Service and Tax Refund Assistance Service

Customer Since

2011

Business solutions like no other

Tricor’s team is always available to answer our questions. They respond quickly and their feedback is thoughtful and effective.

SVP Head of Asia Tax

Challenges

PBT planned to exit from the Thailand market smoothly by 2018, thus requiring a one-stop professional services provider that could assist in:

  • A tax refund claim from the Thailand Revenue Department;
  • Repatriating funds to its shareholders ; and
  • Winding up the company.

Solutions

A claim for tax refund was subject to tax investigation. Tricor advised PBT to adopt strategic thinking for the tax investigation process. As a result, PBT successfully got a tax refund, and repatriated to its shareholders.

Benefits

Tricor helped to provide a correct and effective approach in dealing with the Thailand Revenue Department. PBT was able to get a high amount of tax refund from the Thai authority without adverse effects.

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