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Thai Cabinet Approves Additional Stimulus Package to Counter the Impacts of COVID-19

30 March 2020

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Approved Changes

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Thailand

On 24 March 2020, the Thai Cabinet approved an additional stimulus package to counter the impacts of the COVID-19 pandemic. According to a release from the Ministry of Finance, some of the key tax-related measures of the package include: An extension for individual income tax returns/payment from 30 June to 31 August 2020; Corporate income tax return/payment extensions: in respect of 2019 accounting year, an extension to 31 August 2020 for the annual corporate tax return and payment (Form 50); and in respect of the 2020 accounting year, an extension to 30 September 2020 for mid-year corporate tax return and...