The Thai Revenue Department published Ministerial Regulation No. 389 on 13 March 2023, which provides for the implementation of the extension of the withholding tax reduction to promote the use of the e-Withholding Tax system that was announced in January 2023. This includes that a reduced withholding tax rate of 1.0% applies from 1 January 2023 to 31 December 2025 when payments are made throu…