18 Jan 2017
THAILAND: Double Corporate Tax Deduction Scheme for New Investments Extended into 2017
An existing scheme, which saw investors entitled to double corporate tax deductions on all new projects started in Thailand before the end of 2016, is to be extended for another year. In order to qualify, however, any existing beneficiaries of the scheme will be required to increase the size of their initial investment. There is no lower limit, however, on the funding required from investors new to the scheme.
The scheme was originally introduced in a bid to boost private investment in Thailand’s infrastructure projects. For further details, see THAILAND: Double Tax Deductions Announced in Bid to Spur Infrastructure Investment.