Tax Newsletter MAY 2023
Tax Newsletter Dharmniti Law Office Co., Ltd. Issue No. 142, in May 2023 Tax Law Updates Corporate income tax exemption for companies and juristic partnerships having net profit arising from the sale of carbon credits in Thailand The Notification of the Director-General of the Revenue Department regarding income tax (Issue No.433) stipulates the criteria, procedures, and conditions regarding a corporate income tax exemption for businesses operating a project relating to the voluntary reduction in the emission of greenhouse gases which are registered with the Thailand Greenhouse Gas Management Organization (Public Organization). The exemption shall apply from the 20th of March 2023 through until the 31st of December 2027 (three consecutive accounting periods). For more details, please see https://bit.ly/42XBnsh Personal and corporate income tax exemptions for donations made to the Royal Forest Department via the e-Donation channel The […]