On 29 May 2021, the Thai Revenue Department announced the extension of incentives for supporting personnel development under the Industry 4.0 program and the relocation of production to Thailand under the Thailand Plus Package. The extension of the incentives is being provided to support economic recovery after the COVID-19 pandemic situation eases. The extended incentives include:
- A 300% deduction and VAT exemption for assets donated to the Center for Supporting Personnel Development under…