Get all your news in one place.
100's of premium titles.
One app.
Start reading
Bangkok Post
Bangkok Post
Business

Relocation tax package to yield B6bn

The Center of Robotics Excellence expects the tax measures to bring 2 billion baht per year of foreign investment into the country in the field of automation over a period of three years, or 6 billion baht in total.

The Revenue Department expects tax measures supporting the relocation of foreign investors' production bases to attract investment of around 6 billion baht within three years, says deputy director-general Vinit Visessuvanapoom.

He said the cabinet endorsed an extension of the measures, also known as the Thailand Plus Package, to support the relocation of production bases.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.