The Thai Revenue Department has announced the issuance of tax measures to promote investment in Special Economic Zones (SEZs), which were approved by the Cabinet on 13 January 2025. The main measure is a reduction in the corporate income tax rate to 10% on the net profits of companies or juristic partnerships conducting targeted businesses as specified by the SEZ Development Policy Committee, which have established operations in an SEZ, regardless of where their headquarters are located. This applies to income generated from the production of goods in the SEZ or income generated from services provided in the SEZ for...