<Royal Decree No.707, exemption of Corporate Income Tax>
Royal Decree No.707 provides companies deriving income of not more than THB 500 million and
employing not more than 200 persons within its accounting period ending
on or before 30 September 2019 additional 50% deduction for the interest paid on loans under the low interest loan
measures to assist business operators affected by the spread of the
coronavirus disease. The additional deduction applies to interest arising
from 1 April 2020 until 31 December 2020.
(For procedures and conditions, please also see Notification Director General)
⇒https://www.rd.go.th/publish/fileadmin/user_upload/kormor/newlaw/dc707.pdf