On 18 July 2022, Thailand tax Royal Decree (No 752) was gazetted, extending the corporate tax deduction concession for the costs of purchasing Covid-19 test kits for a further 9 months from 1 Apr 2022 to 31 Dec 2022.

Royal Decree (No 733), gazetted on 08 Nov 2021, provided corporate entities an additional 50% corporate tax deduction for the costs of purchasing SARS-Cov-2 and Covid-19 Antigen Test Kits during the period 14 Sep 2021 to 31 Mar 2022.

This tax deduction concession under Royal Decree (No 733) has been extended for a further period of 9 months under Royal Decree (No 752), as follows:

The Tax Concession under Royal Decree (No 752)

Applicability

From 01 April 2022 to 31 December 2022.

The Corporate Tax Deduction Concession

For the cost of purchasing SARS-COV-2 and Covid-19 Antigen Self-Test Kits and related medical supplies, a 150% corporate tax deduction concession, that is:

• The normal 100% tax deduction for the purchase costs; plus
• An additional 50% tax deduction concession for the purchase costs.

Rules, Procedures and Conditions

The rules, procedures and conditions prescribed in Royal Decree (No 752) are that:

1. The Test Kits shall be for the employees, workers and contractors of the company.

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