Announcement
08 Dec 2022
In December 2022, the Board of Investment of Thailand (BoI) exempted import duties on machinery and corporate income tax (CIT) for investment in smart and sustainable industries to stimulate the development of Thai industries towards Industry 4.0.
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Number of interventions
3
2 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
03 Jan 2023
Revocation date:
No revocation date
Updated: 08 Dec 2022
Tax or social insurance relief
In force
On 8 December 2022, the Board of Investment of Thailand (BoI) issued Announcement No.15/2565 granting corporate income tax reductions for investments in the software, information system, and cloud or ...
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Updated: 08 Dec 2022
Tax or social insurance relief
In force
On 8 December 2022, the Board of Investment of Thailand (BoI) issued Announcement No.15/2565, granting a tax concession to smart and sustainable industries in the form of import duties exemption. Acco...
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Implementation date
03 Jan 2023
Revocation date:
No revocation date
Updated: 08 Dec 2022
Import tariff
In force
On 8 December 2022, the Board of Investment of Thailand (BoI) issued Announcement No.15/2565, exempting import duties on machinery used for investments in smart and sustainable industries. According t...
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