Thailand Publishes Royal Decrees for Extension of COVID-19 Incentive and Relief Measures

On 19 July 2022, the Thai Revenue Department published three decrees providing for the extension of certain incentive and relief measures in relation to the COVID-19 pandemic. These include the following:

Royal Decree 751

Royal Decree 751 provides for the extension of deduction incentives for donations introduced in response to COVID-19. Previously, a deduction was allowed for donations made through the Revenue Department e-donation system by companies (up to 2% of net profit) and individ…