Thailand Extends Incentives to Promote Electronic Tax Systems through 2027

According to a release from the Thai Revenue Department, the Thai Cabinet approved the extension of incentives to promote electronic tax systems on 16 June 2026. including e-Tax Invoice and Receipt and e-Withholding Tax. The incentives include a 200% deduction for the costs to acquire computer hardware, software, etc., for electronic tax systems, as well as payments to service providers for the use of electronic tax systems. Further, a reduced withholding tax rate of 1.0% is provided on cert…