On 04 June 2024, the Thailand Government resolved to reintroduce the Staff Training Seminar Costs corporate tax deduction concession in the 2024 year.

This Tax Insight summarizes the Government's resolution*.

In 2022, Royal Decree (No 757) was gazetted granting the Staff Training Seminar Costs corporate tax deduction concession for the months of July to December in 2022. It is being reintroduced again in the 2024 year, as follows:

The Government's Resolution*

Purpose

To stimulate tourism and the economy through the support and promotion of domestic tourism.

Applicability

From 01 May 2024 to 30 November 2024.

Staff Training Seminar Costs

Staff training seminar costs include:

1. Costs paid to providers of seminar rooms and accommodation rooms, transportation and other related costs for staff training seminars; and
2. Services fees paid to tour operators who are registered under the law governing tour operators and tour guides for staff training seminars.

Tax Deduction Concessions

1. For staff training seminars held in a secondary tourism province or another tourist locality as may be prescribed by the Director-General of Revenue:

• 200% corporate tax deduction concession (2 times the costs).

2. For staff training seminars held in a province or locality other than under 1:

• 150% corporate tax deduction concession (1.5 times the costs).
  

3. For staff training seminars held in a province or locality under 1 and also a province or a locality other than under 1, and the costs cannot be specifically identified as costs incurred in any particular province or locality:

• 150% corporate tax deduction concession (1.5 times the costs).

Rules, Procedures and Conditions

The Government's resolution states the rules, procedures and conditions for the 2024 corporate tax deduction concession will be the same as those for the 2022 year, which would be as follows:

1. Another tourist locality as may be prescribed by the Director-General of Revenue shall be those advised by the Ministry of Tourism and Sports,
2. The tax deduction concession shall apply only to Staff Training Seminar Costs paid out from 01 May 2024 to 30 November 2024,
3. The Staff Training Seminar costs shall be paid to VAT-registered recipients from whom claimants shall receive e-Tax Invoices / e-Receipts, and
4. Claimants shall comply with the Revenue Department's additional rules, procedures and conditions.

* A Government's Resolution is not law. This Tax Insight will be updated again after the applicable law has been issued and gazetted.

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