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…

TBMA: Policy rate static throughout 2020

TBMA: Policy rate static throughout 2020 The Bank of Thailand’s Monetary Policy Committee (MPC) is not expected to ease the policy rate for the remainder of this year as more government stimulus measures reduce the likelihood of further rate cuts, says the Thai Bond Market Association (TBMA). The Policy Interest Rate Expectation Index for September…