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Offshore Insurance

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If a Thai company purchases insurance from an overseas entity on behalf of its employees based in Thailand, is the expense deductible by the company under Thai tax law?

I've heard contradictory answers on this question, and would like to know what's correct.

(Apologies in advance if this question is covered by another thread--I've searched but haven't been able to find it.)

Misty

"Why do some places prosper and thrive, while others just suck?" - P.J. O'Rourke

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Anyone?

Cheers, Misty

"Why do some places prosper and thrive, while others just suck?" - P.J. O'Rourke

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