Insight
Cabinet approves extension of 7% VAT rate for another year
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...
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...
Insight
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...
Insight
Thailand's National Electric Vehicle Policy Committee has approved, in principle, to grant tax incentives for the purchase of electric buses and electric trucks
Insight
To help stimulate the economy, a personal income tax deduction of up to THB 50,000 may be claimed for the purchase of qualifying goods and services from 1 January 2024