Tax Exemptions for Automation Systems and STEM Employees
On September 23rd, 2020, three Royal Decrees granting corporate income tax deductions for investment in automation systems and robotics, the hiring of STEM employees, and employee training were promulgated in the Government Gazette. The Royal Decrees took effect on September 24th, 2020. Royal Decree Issued under the Revenue Code Governing Tax Exemption (No. 710), B.E. … Continue reading Tax Exemptions for Automation Systems and STEM Employees
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