The Thai Revenue Department has published Royal Decree 749 on measures to promote biodegradable plastic packaging. The decree extends the additional 25% deduction for costs incurred by companies for certified biodegradable plastic products, which was introduced by Royal Decree No. 702 with effect from 1 January 2019 to 31 December 2021.
Source: orbitax.com
Latest Posts in "Thailand"
- Thai Cabinet Extends 7% VAT Rate Until September 2026 to Support Economic Growth
- Thailand Extends 6.3% Reduced VAT Rate on Goods, Services, Imports Until September 2026
- Thailand Maintains 7% VAT Rate for Another Year to Support Economic Growth
- Thailand Extends 7% VAT Rate for Another Year, Delaying Return to 10% Until 2026
- Caretaker Cabinet Extends 7% VAT to Mitigate Economic Impact Until September 2026
