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Thailand Extends VAT Exemption for Imported Medical Goods for Donation and Additional Deduction for COVID-19 Tests

03 May 2022

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Approved Changes

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Thailand

The Thai Revenue Department has announced that the Cabinet has approved an extension of the VAT exemption on imports and donations of medical goods used to treat, diagnose, and prevent COVID-19 when donated to government hospitals, government agencies, and qualified public charities and medical facilities. The exemption was previously provided up to 31 March 2022 and is now further provided from 1 April 2022 to 31 December 2022. The Revenue Department has also announced that the Cabinet has approved an extension of the additional 50% deduction for COVID-19 tests purchased by companies for testing their employees. The additional deduction was...