The Thai Revenue Department issued a release on 28 June 2022 announcing that the Cabinet has approved a royal decree providing a VAT exemption to promote investments in data center businesses and establish Thailand as a digital hub in the region. In particular, the VAT exemption will be provided for data hosting services, including: the provision of servers and related equipment for the purpose of storing, processing, and connecting information through the internet; and the provision of related support services for the above, including data backup services, network connection services, cloud services, and system management and information security services. The...