Thailand Staff Training/Education Corporate Tax Deduction
From 19 October 2005, Royal Decree (No 437) entitles companies in Thailand to claim a double (200%) corporate tax deduction for staff training and education costs, as follows:
The rules and conditions for entitlement to the double corporate tax deductions under Royal Decree (No 437) are prescribed in the Ministerial Notification dated 23 November 2005, as follows:
Place of vocational training or education
Purpose of the vocational training or education
Resumption of work
This Tax Insight is general information only. It should not be used to determine any particular matter without consulting with an experienced Thailand tax advisor.