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.
Extending the 7% VAT Rate
The Cabinet has extended the 7% VAT rate (inclusive of local administrative tax) for another 2 years, i.e. from 31 October 2010 to 30 September 2012.
Tax Measures to Assist Business Operators
The Cabinet has approved additional tax measures to assist business operators impacted by damage to property during the events of 19 May 2010. The following allowances are for corporate income tax:
Boosting Travel Industry by New Tax Incentives
New tax incentives to boost travel industry have been announced. Both personal income and corporate income can be applied in this new tax incentives.
New tax measures for Regional Office Headquarters
The Revenue Department announced new tax measures for the companies registered as Regional Office Headquarters (‘ROH’).
Further tax and legal measures announced
Following the end of the political protests which have severely disrupted business activities in Bangkok and the surrounding provinces, further tax and legal measures have been announced.