Cabinet extends e-withholding tax cut through 2027 (opens original article in a new tab)

Thailand's cabinet extended the reduced e-withholding tax rate until 2027, aiming to boost business liquidity and support digital transformation by lowering tax burdens and encouraging electronic tax systems.

• Cabinet extended e-withholding tax cut until 2027
• Reduced tax rate of 1% applies to electronic payments for rent, commissions, service fees, etc.
• Tax incentives for e-tax systems include double tax deductions for eligible expenses