Thailand gazettes tax exemption for high-efficiency machinery
The Revenue Department has announced criteria for a 50% personal and corporate income tax exemption on investments in high-efficiency machinery or energy-saving equipment with a 5-star energy rating. Eligible purchases must be made between March 3, 2026, and December 31, 2028, and supported by electronic tax invoices. The exemption is retroactive to March 3, 2026.
What this means for you
- Foreign tax residents and Thai companies (including those owned by foreigners) can claim a 50% tax exemption on investments in 5-star energy-efficient machinery or equipment.
- The investment contract and payment must be made between 2026-03-03 and 2028-12-31, with equipment installed and ready by 2028-12-31.
- To claim, obtain an electronic tax invoice (e-tax invoice) from a registered VAT supplier that includes your tax ID and mentions the 5-star rating.
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