Several key initiatives have been introduced in the past year to promote the development and growth of Thailand’s economy. Attractive tax incentives are offered to investors that partake in these initiatives and should play a significant role in their success.
The main body of tax law in Thailand is the Revenue Code. Taxes under the Revenue Code are primarily collected under a self-assessment system, whereby taxpayers take responsibility for correctly filing their tax returns and paying taxes.
Thailand has long been a pre-eminent producer and exporter of rice, and the crop has become so important that it has surpassed its role as a lucrative export product and domestic food staple to become an influential social and political component.
The naturally fertile land centred around Thailand’s Chao Phraya river basin, combined with increasingly well-developed infrastructure, serves as a strong foundation for what is a robust agricultural base. These advantages have propelled both small-scale farmers and larger agriculture companies from Thailand into the forefront of global agri-...
How will the Thai government’s crop zoning policy help boost the overall competitiveness of the nation’s sugar industry?
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