Corporate income tax exemption on subsidies
Keywords: Mazars, Thailand, Tax, CIT, Subsidy, Cabinet
24 November 2017
Those privileges and benefits includes a subsidy from the fund for raising the competitiveness of the country for targeted industries. In a Cabinet meeting on 10 October 2017, the Thai government approved a draft law that exempts a taxpayer from paying corporate income tax on this subsidy, received from 14 February 2017 onward.