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 15 August 2023 and entered into force the following day. The Royal Decrees are summarized as follows: Automation Systems Investment Royal Decree 776 extends the additional 100% deduction previously provided by Royal Decree 738 for investments in machinery and computer software for automation systems between 1 January 2021 and 31 December 2025 (previously, 31...