Permanent corporate income tax rate of 20%

To enhance the Country's ability to compete in a global economy, the draft Act amending the Revenue Code that permanently reduces the corporate income tax from 30% to 20% has been approved by the Thai National Legislative Assembly.

Keywords: Mazars, Thailand, Tax, Revenue Code, Corporate Income Tax, Thai National Legislative Assembly, Royal Gazette

04 March 2016

The draft Act will have to be published in the Royal Gazette to come into force.