Global

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  • Service: Tax, International Corporate Tax, Global Indirect Tax, Global Compliance Management Services
  • Type: Regulatory update
  • Date: 10/16/2012

Thailand - Tax relief for dividends from funds, trade exhibitions 

October 16: Royal Decrees provide certain tax relief measures.
  • Royal Decree 544 is intended to promote the “infrastructure mutual fund” as established under the Securities and Exchange Act, and thus provides: (1) an exemption from individual (personal) income tax with respect to dividends received from the fund for 10 consecutive calendar years from the calendar year of the fund’s establishment; and (2) an exemption from value added tax (VAT), specific business tax, and stamp duty.
  • Royal Decree No. 545 provides for an exemption from corporate income tax on amounts relating to exhibitions (trade shows) for amounts paid for the lease of space, construction of exhibition space, insurance, freight, or goods transportation, and equipment used in exhibitions for the period 1 January 2012 to 30 June 2012 (provided that a certificate of participation issued by the government authority has been presented).

Read an October 2012 report [PDF 209 KB] prepared by the KPMG member firm in Thailand: Thailand Tax Alert




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