Keywords: Mazars, Thailand, Tax, Exemption, Royal Decree No. 570, Personal Income Tax, Revenue Department
28 January 2014
It applies only to subsidies received from 1 January 2011 onwards and subjected to the rules, procedures, and conditions to be designated by the Director-General of the Revenue Department. To be eligible for this exemption, the cost of assets built or acquired for such prevention must be excluded from the cost of depreciable assets for income tax purposes.
Read Royal Decree No. 570 for more information.