Corporate Tax Incentives for E-Bus and E-Truck Purchases

Insight

Corporate Tax Incentives for E-Bus and E-Truck Purchases

Thailand's National Electric Vehicle Policy Committee has approved, in principle, to grant tax incentives for the purchase of electric buses and electric trucks

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VAT relief extended for cryptocurrencies and utility tokens

On 6 February 2024 the Cabinet resolved to approve in principle a draft law to extend a VAT exemption for the sale of cryptocurrency and utility tokens through licensed digital...

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Attention Shoppers: Easy E-Receipt personal tax deduction campaign for 2024 new year

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

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VAT on foreign e-commerce businesses expected to be effective in 2020

The government has indicated that it is likely that the law will come into effect in 2020, in an effort to boost VAT collections.

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