On 4 January 2016, Thailand's Deputy Prime Minister Somkid Jatusripitak announced a number of tax measures taken to promote investment in 2016 and future years. The measures include:
The Deputy Prime Minister also covered the 300% deduction for qualifying R&D expenditure that applies for expenditure incurred from 1 January 2015 to 31 December 2019 (previous coverage), and the establishment of a THB 100 billion "Thailand Future Fund" to support large-scale investment projects.
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