The Thai Revenue Department announced an extension of tax incentives to promote the current e-tax systems. These incentives will be extended until the 31st of December of 2025.
These measures highlight the Thai Revenue Department´s intentions, and priority given, to continuously promote the use of e-tax invoices, which are currently of voluntary adoption.
Among the tax incentives extended are tax measures like the double deduction of expenses related to investments made for the use of e-tax invoice systems, which include investments made in computers, computer programs, e-certificate storage equipment, and expenses made for the use of e-tax systems relating to service providers.
