VATupdate

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Finance Ministry Updates VAT Rules for Tax-Deductible Donations to Approved Organizations

  • The Ministry of Finance amended regulations on organizations eligible for tax-deductible donations.
  • VAT input tax allowance applies to donations made to approved public-benefit organizations.
  • Donations must be processed through the government’s e-Donation system for VAT recognition.
  • Only organizations meeting updated criteria (public charitable, educational, or medical) qualify for VAT-deductible donations.
  • Eligible organizations must maintain accurate records and comply with regulations.

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.



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