Thailand Announces Tax Measures to Promote Investment
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 application process for public-private partnership (PPP) projects is reduced from 25 months to 9 months (PPP projects eligible for corporate tax exemptions up to 8 years, related import duty exemptions, double…