Topics for December 25th Manager’s Meeting1. Personal Data Protection Act (PDPA)1) May28,2020 PDPA will become effective2) Employee Info & Customer Info needs to be protected.2. Trade Control on Weapons of Mass Destruction (TCWMD)1) Implementation was to be effective 1 January, 20202)Postponed Until when? No one knows3. Transfer Price Taxation(Ensure appropriate profit level Ensures Appropriate Corporate Tax payment)1)Applied to new accounting year after January 1, 2020 NDTT: April1, 2019 to March 31, 20202)Corporate Tax Filing Timing: August, 2020 Obligated to provide Disclosure Form (for Transfer Price) at this timing3) Must provide Transfer Price Document within 60 days upon request ( First time within 180 days)4) Transfer Price Document Function & Risk Analysis Profit Ratio Comparison with other local companies with similar business 4. THB Forecast for CY2020THB/US$: 28.0 to 31.0 (THB expected to remain strong)5. CY2020 Political Events1) FFP maybe dissolved in Mid-January 20202) Government Budget approved in February, 20203) Cabinet dissolution & General Election of Lower House