50% Additional Expense Deductions for Corporate Entities On 20 January 2020, the Thai Official Gazette No. 137 introduced the Thailand Tax Royal Decree No.690 (issued under the Revenue Code regarding Revenue Exemption B.E. 2553) to give corporate entities a 50% additional expense deduction for investments made in new machinery. Corporate entities which operate the business … Continue reading Tax Insights: Thailand Corporate Tax Deductions for Investment in Machinery