Thailand has published Royal Decree No. 690, which provides a temporary extra deduction (exemption) for investments in machinery between 1 September 2019 and 31 May 2020. This includes an extra 50% deduction, provided that: The machinery is new (unused); The machinery is a depreciable asset under general tax law; The machinery is ready for use by 31 December 2020; The machinery is located in Thailand; The machinery is not eligible for any other incentive; and The machinery is not used in a business that is exempt from corporate income tax. In addition to meeting the above conditions, taxpayers must also...