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Global Trade Alert

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Thailand: BOI approved a financial incentive for foreign investment in Industry 4.0 projects

Description

On 11 October 2021, the Thailand Board of Investment (BOI) announced a new incentive for foreign investments in Industry 4.0 projects. The incentive included a 3-year corporate income tax exemption co...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

11 Oct 2021

Revocation date

31 Dec 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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