On 12 July 2020, Thailand published three Royal Decrees in the Official Gazette that provide further tax benefits in relation to COVID-19. The benefits provided by the Royal Decrees are summarized as follows: Additional Deductions for Interest and Salary Expense The following additional deductions (exemptions) are provided: An additional 50% deduction (exemption) for interest on loans obtained by SMEs under the government's low-interest loan initiatives for interest expenses incurred or accrued from 1 April to 31 December 2020, which is provided by Royal Decree No. 707; and An additional 200% deduction (exemption) for monthly salary payments made for the period...