- Announcement by the Ministry of Finance regarding income tax and value added tax
- Specifies the exemption of value added tax for public hospitals and schools
- Amendments made to the tax laws regarding the exemption of value added tax
- Announcement by the Minister of Finance regarding the implementation of the amendments
- Addition of a new section regarding the foundation “Mulanithi Foundation”
- Implementation of the announcement starting from specific dates for income assessment and tax base evaluation
- Announcement signed by the Deputy Minister of Finance
- Effective date of the announcement is June 10, 2020
Source: rd.go.th
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Thailand"
- Government Dismisses Rumors of VAT Increase, Affirms No Plans to Raise Tax Rate
- Thailand’s VAT Hike: A Shift from Low-Cost Image to Value-Driven Economic Confidence
- Senate Panel Proposes VAT Hike to 10% to Address Rising Public Debt in Thailand
- Government’s VAT Hike Plan Faces Uncertainty Amid Energy Crisis and Slowing GDP Growth
- Thailand Tightens Customs Rules, Raising Parcel Import Costs and Protecting Local Businesses













