Cabinet increases tax incentives for tourism sector.

By bne IntelliNews June 17, 2010
The Thai cabinet has approved an increase in the tax incentive scheme for the domestic tourism sector. As reported by Dow Jones Chinese Financial Wire, the incentive scheme would allow individuals to deduct upto THB 15,000 (USD 463) from their taxable income for expenditure on accommodation bills paid to local hotels. The scheme is an extension of the THB 15,000 tax deduction allowance for individuals buying domestic package tours from local operators.

Related Articles

Hong Kong's composite interest rate registered 0.25% in February

Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by, the decrease in the composite rates was due to the decline ... more

Thailand's government expected to promote export-oriented SMEs.

Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more

Small companies concerned about various government incentive schemes.

Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335