Thailand plans to double tax breaks for new projects - FinMin
Thailand plans to double tax breaks for private investors this year to boost sluggish investment, a senior finance official said Monday.
Somchai Sujjapongse, the ministry’s permanent secretary, told reporters the proposal would be submitted to Cabinet by today.
Investors will be able to double their tax deductions if they start a project this year, said Somchai, adding that new projects will not need to be completed within a year to qualify.
