The cabinet on Tuesday agreed to a waiver of personal income tax for foreign actors and actresses for five years, aiming to generate more than 3.5 billion baht in revenue from investments in foreign film productions.
Deputy government spokeswoman Tipanan Sirichana said the cabinet approved the Finance Ministry's new Revenue Code to attract predicted investment of at least 3.5 billion baht from foreign film shoots in the country.
In addition, the move will encourage tourists to fly to the locations where films they enjoyed were filmed, Ms Tipanan said.
