Thailand revises duty exemption rules for low value goods
Thailand’s Customs Department has issued Customs Department Announcement No. 219/2568 in the Royal Gazette on 11 December 2025, revising the criteria for imports eligible for exemption from customs duty. The changes will significantly narrow
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Thailand enacts draft law for Pillar 2 top-up tax implementation
Thailand’s Revenue Department announced that the Cabinet approved draft secondary legislation on 30 December 2025 to implement the Emergency Decree on Top-up Tax B.E. 2567 (2024). These draft instruments set out detailed rules for determining
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Thailand submits initial accession memorandum toward OECD membership
The OECD announced that Thailand submitted its initial accession memorandum on 8 December 2025, marking the start of the technical phase of the accession process. Thailand reaches key milestones in OECD accession process On 8 December 2025,
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Thailand: Cabinet approves tax incentives for energy-saving equipment, solar rooftops
According to a Revenue Department release, the Thai Cabinet approved a draft royal decree on 25 November 2025 that introduces tax incentives for energy-efficient machinery, equipment, and materials, as well as for residential solar rooftop
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Netherlands, Thailand sign new income tax treaty
The Netherlands and Thailand signed a new income tax treaty on 21 November 2025 during the 4th EU Indo-Pacific Ministerial Forum (IPMF) in Brussels. The new agreement aims to align with the latest international standards and implement
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Thailand, US to continue trade talks despite border clashes with Cambodia
Thailand will continue trade talks with the US independently of its border dispute with Cambodia, the government said after Prime Minister Anutin Charnvirakul spoke with President Trump on Friday, 14 November 2025. The decision came after
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Thailand: Cabinet approves temporary tourism tax incentives for Q4 2025
Regfollower Desk The Thai Cabinet approved a series of tax measures to promote domestic tourism, as announced by the Thai Revenue Department. The initiatives include incentives for individual travellers, corporate tax deductions for domestic
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Cambodia, Malaysia, Thailand sign agreement to scrap implementation of digital services taxes on US firms
Regfollower Desk The White House recently announced trade agreements with Cambodia, Malaysia, and Thailand, which include commitments from these nations to avoid imposing digital services taxes (DSTs) or similar measures that could unfairly
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US: Trump administration signs trade deals on rare-earth and critical minerals with Malaysia, Cambodia, Thailand, Vietnam
The US has signed trade and critical minerals agreements with Malaysia, Cambodia, Thailand, and Vietnam to address trade imbalances and secure alternative rare earth supply chains amid China’s export restrictions. The Trump Administration has
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Thailand: Cabinet extends 7% VAT rate until September 2026
Normally, the VAT rate is 10% in Thailand, but it was reduced to 7% as part of economic measures after the 1997 financial crisis. The Thai Cabinet has extended the reduced VAT rate of 7% until 30 September 2026. This announcement was made by
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Thailand: Cabinet approves bill on Qualified Refundable Tax Credits in Pillar 2 framework
The Bill allows promoted companies to receive cash refunds for unused tax credits, which are treated as income for Pillar 2 purposes, ensuring no adverse effect on the effective tax rate. QRTCs cover investments in R&D, advanced skills,
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Thailand: BOI to introduce refundable tax credits under new GMT rules
Thailand’s BOI will allow promoted companies to claim cash refunds for unused tax credits under new global minimum tax rules. Thailand’s Board of Investment (BOI) plans to introduce Qualified Refundable Tax Credits (QRTCs) under the Pillar
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Thailand proposes US trade deal to avert 36% tariffs
Thailand proposed to reduce its USD 46 billion trade surplus and increase imports of American goods before a 9 July deadline. Thailand has proposed a trade deal to the US to avoid a 36% tariff on its exports, aiming for a lower rate of
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Thailand introduces reduced corporate income tax rate to promote SEZ investments
Thailand cuts corporate tax rate to 10% for qualifying businesses in Special Economic Zones for ten years under Royal Decree No. 797 starting 6 June 2025. The Thai Revenue Department has issued Royal Decree No. 797, dated 2 June 2025 and
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Thailand proposes trade plan to avert US tariffs
It is expected that both countries might agree on tariffs as low as 10%. Thailand held trade talks with the US on 18 June 2025 and will submit a proposal on Friday, 20 June 2025, because possible tariffs on its exports to the US have lowered
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Thailand, Brunei approve first tax treaty
Thailand’s Cabinet approves its first income tax treaty with Brunei, following OECD/G20 BEPS guidelines. The Thai Cabinet approved the signing of an income tax treaty with Brunei on 4 June 2025. The agreement aligns with the latest
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Thailand: BOI updates incentives for SMEs, data centres, tourism
Thailand's Board of Investment (BOI) announced the new tax exemptions on 19 May 2025. Thailand's Board of Investment (BOI) announced that it has approved a series of measures to support small and medium-sized enterprises (SMEs), along with
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Thailand, Bhutan sign free trade agreement
Prime Minister Paetongtarn Shinawatra of Thailand and Prime Minister Dasho Tshering Tobgay of Bhutan witnessed the signing of a Free Trade Agreement (FTA) between their countries. The ceremony took place at the Thai Khu Fah Building, Government
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