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Thailand Provides Additional Deductions for Employee Training Seminars and Participation in Domestic Trade Fairs, Exhibitions, and Trade Shows

07 December 2022

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Approved Changes

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Thailand

The Thai Revenue Department published two Royal Decrees providing additional deductions (exemptions) for employee training seminars and participation in domestic trade fairs, exhibitions, and trade shows. Royal Decree 757 provides an additional 100% deduction for expenses incurred for organizing employee training seminars held in secondary tourism provinces as specified in the decree or any other tourist area as prescribed by the Director-General. For employee training seminars held in other areas, an additional 50% deduction is provided. The increased deductions cover qualifying expenses incurred and paid during the period 15 July to 31 December 2022. Royal Decree 758 provides an additional...