THAILAND’S TAX BREAKS MAP CHANGES IN INVESTMENT POLICY
November 2nd, 2013
THAILAND’S new tax incentive scheme, due to take effect in just over a year, is provoking mixed reactions from tax experts and foreign investors.As the country looks to move away from low-cost, low-value, environmentally damaging manufacturing industries towards those that might foster a sustainable, knowledge-based economy, Thailand’s Board of Investment (BOI) has drawn up a new investment promotion policy that will go into effect in January 2015.Under the old system of promotions, which was implemented in 1993, Thailand was broken into three geographical ...
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