The Thai Revenue Department has published a series of Royal Decrees that extend incentives for investments in automation systems development, the hiring of employees in science, technology, engineering, and mathematics (STEM) fields, and employee training. The Royal Decrees were originally published in the Official Gazette on 5 December 2021 and entered into force the following day. The Royal Decrees are summarized as follows: Automation Systems Investment Royal Decree 738 provides an additional 100% deduction for investments in machinery and computer software for automation systems between 1 January 2021 and 31 December 2022. This is an extension of the additional deduction...