New Activities Eligible for Special Privileges
The BOI has announced new activities eligible for special privileges including tax holidays, exemptions on import duty and double deduction allowances on certain expenditure.
Keywords: Board of Investment (‘BOI’), Legal, Tax privileges
The following 3 activities are classified as activities “of importance and benefit to the country”:
- Activities related to energy saving and alternative sources of energy;
- Activities that involve high technology; and
- Activities related to the manufacture of eco-friendly materials and products.
Applications for this promotion must be filed with the BOI no later than 31 December 2012. For more information contact Mazars Legal Director, Chatchawat Kriengsuntikul .