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Thai Government’s financial support under stimulus schemes are tax free

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Thai Government’s financial support under stimulus schemes are tax free

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January 24, 20224 yr

All the financial support received by individuals and corporate entities from the government, such as subsidies under the co-payment scheme, hotel discount coupons and subsidies to ease hardships caused by the COVID-19 pandemic last year, will be exempt from taxation.

Government Spokesman Thanakorn Wangboonkongchana said that today (Monday) the cabinet decided to exempt from taxation the financial support provided under 12 Government schemes, leading to 31.9 billion baht in losses.

Full Story: https://www.thaipbsworld.com/thai-governments-financial-support-under-stimulus-schemes-are-tax-free/

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