The Ministry of Finance announced the amendment to the Revenue Code and Value Added Tax (Version 798) concerning exemptions for government organizations, hospitals, and educational institutions. The announcement includes specific provisions and implementation dates for income tax and value-added tax exemptions, starting from October 12, 2023. The announcement also introduces the addition of a new provision (1016) regarding forest and marine conservation foundations. The announcement took effect on May 26, 2023.
Source: rd.go.th
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