The Thai Government issued a Decree in June 2022 granting an income tax exemption on certain disposals of shares related to target industries.The exemption is effective from 15 June 2022 to 30 June 2032, provided that the relevant conditions are met.The objective is to promote investment in the target industries identified by the Thai Government. The tax incentive is beneficial for companies planning to invest in companies operating in Thailand that develop and apply technology or innovation in businesses that have been identified as target industries.Executive summaryThe Thai Government promulgated Royal Decree No. 750 (the Decree) on 14 June 2022...