BOI Extends Tax Exemptions for Automation and Robotics

On 13 January 2021, the Board of Investment (BOI) announced a two-year extension of corporate income tax exemptions granted to activities in Group B for the use of automated systems or robots. Qualifying projects must submit an application for the tax exemption to the BOI by 30 December 2022. Under the BOI, Groups B1 and … Continue reading BOI Extends Tax Exemptions for Automation and Robotics