Cabinet Allows Tax Break on Software-related Expenses

Cabinet Allows Tax Break on Software-related Expenses BANGKOK (NNT) – The Cabinet has approved a measure to allow small-and-medium-sized enterprises (SMEs) to use their software or computer program-related expenses as a deductible against corporate income tax due, at the rate of two times the expense in some cases. Revenue Department Director-General Dr Ekniti Nitithanprapas said…

Commerce Ministry Plans Online Trade Fairs to Boost Exports

Commerce Ministry Plans Online Trade Fairs to Boost Exports

Commerce Ministry Plans Online Trade Fairs to Boost Exports BANGKOK (NNT) – The International Trade Promotion Department plans to host more virtual trade fairs and online business activities, to boost the country’s exports in the second half of the year amid COVID-19 outbreaks. Department Director-General Somdet Susomboon said the agency is preparing a schedule of…