Investment stimulus planned
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The Finance Ministry expects to propose to the Cabinet a short-term stimulus for investment soon, saying it would motivate investment without touching corporate income-tax rates.
Somchai Sujjapongse, permanent secretary of the ministry, said the short-term stimulus measures were expected to be forwarded to the Cabinet soon.
The stimulus, which is expected to encourage investors to make faster decisions for only a certain period, will be similar to the Board of Investment’s privileges.
“The planned measures will involve tax and relaxation of rules to promote investment,” Somchai said. However, the corporate income-tax rates will not be taken as incentives adjusted, as they are at appropriate levels at present.
