In order to stimulate domestic tourism and the Thai economy, on 4 February 2020, the Cabinet approved a measure relating to corporate income tax proposed by the Ministry of Finance.
Keywords: Mazars, Thailand, Tax, Domestic training, Ministry of Finance, Revenue Department
13 March 2020
Under this measure, a company or legal partnership can deduct twice the amount of expenses actually paid for arranging training in Thailand for its employees. This deduction shall apply to:
- expenses for training rooms, accommodation, transportation, or other related expenses for domestic training; and
- service fees paid to tour operators under the law governing the tourism business and guides for domestic training.
The expenses to which this deduction applies must be incurred from 1 January 2020 to 31 December 2020. This deduction must follow the rules, procedures, and conditions prescribed by the Director-General of the Revenue Department.