January 5, 2022
Attractive Corporate Income Tax Exemptions For BOI Companies
The Board of Investment of Thailand (BOI) promotes certain business projects by attractive Corporate Income Tax Exemptions. Only the income derived from the business promoted by the BOI is exempted from Corporate Income Tax. In practice this leads to many disputed questions, as many companies which hold a BOI certificate receive income not only from the business promoted by the BOI, but also from additional, i.e. non-promoted, sources of income.