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Paul Ashburn and Anna Selina De Vera of HLB Thailand say the decree underlines the country’s commitment to pillar two implementation as Thailand aims to become one of the first...
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Thailand approves a carbon pricing mechanism in excise tax on oil, starting at ฿200/ton CO2, aiming to raise awareness and promote sustainable development.
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On 13 January 2025, Thailand’s cabinet resolved in principle to approve a reduction of the corporate income tax rate to 10% in respect of profit generated from targeted businesses operated...
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On 26 December 2024, the Emergency Decree on Top-up Tax was published in the Royal Gazette to support the collection of a global minimum tax of 15% from large multinational...
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Easy E-Receipt 2.0 personal tax deduction campaign for 2025 new year: To help stimulate Thailand’s economy, on 24 December 2024 the cabinet resolved in principle to approve a personal income...
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Excise Tax relief for hybrid electric vehicles: On 4 December 2024, Thailand's EV Board approved a revised incentive package to temporarily lower the excise tax rate.
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On 24 September 2024, royal decrees no. 788 and 789 issued under the Revenue Code were published in the Royal Gazette, granting tax exemptions for digital assets.
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On 17 September 2024 the Thai cabinet approved in principle a draft royal decree issued under the Revenue Code to extend the 7% VAT rate to September 30, 2025, for...
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Thai Revenue Department rules on company relationships based on common shareholding. Article by Amit Bhalla & Andrew Jackomos of HLB Thailand in ITR.
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On 30 July 2024 the Thai cabinet approved in principle a Draft Ministerial Regulation proposed by the Ministry of Finance to improve the personal income tax incentives for investment in...
