MPG: Criteria for Tax Exemption under Government Loan Measures

MPG: Criteria for Tax Exemption under Government Loan Measures

MPG would like to share the latest update about Criteria for Tax Exemption under Government Loan Measures.

SMEs who have taken out loans under the Thai government’s low-interest credit measures may qualify for an additional 50% tax exemption on interest expenses. On December 30th, 2020, the Revenue Department clarified the conditions for businesses to claim the deduction.

Please read the full update HERE.