MPG: BOI Extends Tax Exemptions for Automation and Robotics.
MPG would like to update about “BOI Extends Tax Exemptions for Automation and Robotics.” On 13 January 2021, the Thai BOI announced a two-year extension of corporate income tax exemptions granted to activities in Group B for the use of automated systems or robots. Qualifying projects must apply for the […]
MPG: Thailand to Change Bad Debt Write-off Criteria
MPG would like to share the latest update about “Thailand to Change Bad Debt Write-off Criteria.” On 19 January 2021, the Thai Cabinet approved the Ministry of Finance’s proposed regulation to revise bad debt write-off criteria for companies, juristic partnerships, and financial institutions. Please read the full update HERE.
MPG: BOI Approves Additional Incentives for Target Industries
MPG would like to share the latest update about “BOI Approves Additional Incentives for Target Industries.”On 21 December 2020, the Thai Board of Investment approved measures to boost investment in target industries and accelerate the adoption of digital technologies. Please read the full update HERE.
MPG: New BOI Incentives for Electric Vehicles, Clinical Research and Senior Care.
MPG would like to share the latest update about “New BOI Incentives for Electric Vehicles, Clinical Research, and Senior Care.” On 4 November 2020, the Thai BOI announced that it will reinstitute investment promotions for the development and production of electric vehicles, as well as approve new incentives for business activities […]
MPG:BOI Reinstates International Procurement Offices
MPG would like to share the latest update about “BOI Reinstates International Procurement Offices. On 4 November 2020, the BOI announced that it would be reinstating […]
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 […]