The Cabinet approved an economic stimulus package on 4 March 2008, which includes the following tax measures for corporate and individual taxpayers that will take effect from 2008: Direct taxation (a) Rates. -   companies with taxable income not exceeding THB 1.2 million will be' exempted from tax; -   the corporate income tax rate is reduced to 25% for newly listed companies on the Stock Exchange of Thailand (SET), for a period of 3 years. Companies currently listed on the SET will also be eligible for the reduced 25% rate on net profits of up to THB 300 million...