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Thailand’s Tax Relief Measures to Counter COVID-19 Impact

Thailand, on March 27, 2020, issued a series of tax relief measures covering tax deductions, VAT refunds, and tax filing extensions to counter the economic impact of the COVID-19 outbreak.

Businesses that participated in the ‘Good Exporter’ program can receive VAT refunds within 15 days, which would normally take 30 days. This is only available for businesses if the VAT returns are filed through the e-filing system.

For businesses filing paper returns, VAT refunds can be received within 45 days (compared to the usual 60 days).

Source: aseanbriefing.com

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