Month: May 2023

Tax Newsletter Dharmniti Law Office Co., Ltd.   Issue No. 141, in April 2023 Tax Law Updates Exemption of assessable income in the case that taxpayers receive subsidies or other benefits derived from the government. Ministerial Regulation No. 388 (2566) regarding tax exemptions prescribes that the following types of assessable income received in 2022 shall be exempt from the calculation of tax: Subsidies or other benefits received for accommodation, meal allowance, entrance fees to tourism attractions, cost of One Tambon One Products (OTOP), spa or massage fees, car or ship rental fees, or airfares pursuant to the Rao Thiew Duay Gun Scheme; Other benefits received for transportation fees and the cost of package tours from business operators conducting business relating to travel services pursuant to the Tour Thiew Thai Scheme; Other benefits received for meal allowance, cost of beverages, cost […]