Tax Section - Doing Business
You will find here a series of summaries providing an overview of useful tax regulations, processes and tax issues for Doing Business in Thailand.
First Home Owner's Tax Incentive
The income tax incentive for first home owners has now been enacted by Royal Decree No. 528.
The incentive is in the form of a tax credit to be utilised against tax payable if the following conditions are met.
The incentive is in the form of a tax credit to be utilised against tax payable if the following conditions are met.
Mazars Thailand Flooding Update - Tax Submission Deadline Extension
The Revenue Department has proposed to extend the tax submission deadlines for businesses affected by the floods in Nakorn Pathom, Samut Sakorn, Suphan Buri and certain districts in Bangkok.
Proposed Reduction in Corporate Income Tax Rates
The Cabinet has announced a reduction in corporate income tax rates, with the aim of improving the competitiveness of Thailand on the global market.
Tax Flood Relief Measures for BOI Promoted Companies
The Cabinet has approved tax relief measures for Board of Investment (‘BOI’) promoted companies that have been affected by the flooding.
Information for Businesses Impacted by the Floods
Updated: 28 October 2011
The flooding in Thailand has overwhelmed many of the Northern and Central provinces and now threatens Bangkok. The situation is only expected to worsen in the coming days. The Thai Government announced a five day government holiday in Bangkok and the affected provinces from Thursday 27 October to Monday 31 October 2011. Many companies in Bangkok are closed during this period and all businesses should continue to assess the situation on a daily basis.
The flooding in Thailand has overwhelmed many of the Northern and Central provinces and now threatens Bangkok. The situation is only expected to worsen in the coming days. The Thai Government announced a five day government holiday in Bangkok and the affected provinces from Thursday 27 October to Monday 31 October 2011. Many companies in Bangkok are closed during this period and all businesses should continue to assess the situation on a daily basis.