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Extension of Incentives to Promote E-Tax Invoices

The Thai Revenue Department announced an extension of tax incentives to promote the current e-tax systems. These incentives will be extended until the 31st of December of 2025.

These measures highlight the Thai Revenue Department´s intentions, and priority given, to continuously promote the use of e-tax invoices, which are currently of voluntary adoption.

Among the tax incentives extended are tax measures like the double deduction of expenses related to investments made for the use of e-tax invoice systems, which include investments made in computers, computer programs, e-certificate storage equipment, and expenses made for the use of e-tax systems relating to service providers.

Source Sovos

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