On 7 March 2023, the Thai Cabinet approved measures to incorporate global minimum tax regulations as part of the base erosion and profit shifting (BEPS) 2.0 Pillar Two rules issued by the OECD. The Investment Board of Thailand has recommended these actions, and relevant government agencies have been assigned to carry out these measures.
Additionally, the Revenue Department stated that they are currently drafting a bill to collect top-up tax, which is to be finalized in 2023 and enter into force in 2025.