The Thai Revenue Department has announced the extension of incentives for electronic tax systems, including e-Tax Invoice and Receipt and e-Withholding Tax. The incentives include a 200% deduction for the costs to acquire computer hardware, software, etc. for electronic tax systems, as well as payments to service providers for the use of electronic tax systems. Further, a reduced withholding tax rate of 1.0% is provided on certain domestic payments when using the e-Withholding Tax system. Pr…