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

The Thai Cabinet approved a royal decree on 27 March 2025, offering corporate income tax deductions to encourage investment in commercial electric vehicles (EVs), such as electric buses and trucks. The tax relief will be available until 31 December

Thailand has introduced new tax incentives to encourage skilled Thai professionals working abroad to return. The measures, announced in Royal Decree No. 793 on 24 March 2025, took effect on 25 March 2025. Eligible individuals who return to work

The Thai Cabinet gave its approval to a draft Ministerial Regulation, proposed by the Ministry of Finance (MoF) on 21 January 2025, which aims to introduce a carbon tax as part of the country’s ongoing efforts to reduce greenhouse gas emissions

The Thai Revenue Department (TRD) issued Departmental Instruction No. Paw. 164/2568 on 5 February 2025, updating the input tax allocation process for businesses selling goods outside Thailand. This revision provides new guidelines for VAT

Thailand's cabinet has approved a proposal to reduce the corporate income tax rate to 10% for profits generated by targeted businesses in the country's special economic zones. The reduced rate applies for 10 consecutive accounting periods. To