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Thailand Exempts Gains on the Transfer of Shares in Supported Target Companies

|Approved Changes|Thailand
Thailand

The Thai Revenue Department has published Royal Decree 750, which provides an income tax exemption for investments in certain target companies engaged in businesses the government wants to support. This includes companies that develop or apply technology or innovation as an important part of their business operations and that operate in targeted industries as prescribed by the Policy Committee on Enhanced Competitiveness. The exemption is available for natural persons, companies, and juristi…

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