Insight
Excise Tax relief for hybrid electric vehicles
Excise Tax relief for hybrid electric vehicles: On 4 December 2024, Thailand's EV Board approved a revised incentive package to temporarily lower the excise tax rate.
Insight
Excise Tax relief for hybrid electric vehicles: On 4 December 2024, Thailand's EV Board approved a revised incentive package to temporarily lower the excise tax rate.
Insight
On 24 September 2024, royal decrees no. 788 and 789 issued under the Revenue Code were published in the Royal Gazette, granting tax exemptions for digital assets.
Insight
On 17 September 2024 the Thai cabinet approved in principle a draft royal decree issued under the Revenue Code to extend the 7% VAT rate to September 30, 2025, for...
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Thai Revenue Department rules on company relationships based on common shareholding. Article by Amit Bhalla & Andrew Jackomos of HLB Thailand in ITR.
Insight
On 30 July 2024 the Thai cabinet approved in principle a Draft Ministerial Regulation proposed by the Ministry of Finance to improve the personal income tax incentives for investment in...
Insight
On 30 July 2024, the Thai Cabinet approved tax measures proposed by the Ministry of Finance to support Thai nationals working abroad to return to work in the country.
Article
Thailand’s Revenue Department has revised its approach to taxing foreign income received by tax residents. Paul Ashburn of HLB Thailand summarises the changes
Article
On April 9, 2024 the Cabinet approved new real estate stimulus measures proposed by the Ministry of Finance, including reduced registration and transfer fees for properties not exceeding Baht 7...
Article
Thailand’s Board of Investment (BOI) has approved incentives to encourage investment in organizing world-class events in Thailand, such as large international concerts, sporting activities, and festivals.
Insight
Thailand’s Revenue Department has published the principles of a draft law to support a global minimum tax based on the Pillar Two Global Anti-Base Erosion (GloBE) Model Rules and invited...