Thailand: Summary of tax relief (COVID-19)

Thailand: Summary of tax relief (COVID-19)

The government in Thailand continues to respond to the coronavirus (COVID-19) pandemic with tax and economic relief.


Related content

The KPMG member firm in Thailand has prepared an April 2020 report [PDF 256 KB] that, as of 17 April 2020, summarizes tax relief measures (in table format).

  • Extensions of the corporate income tax return filing deadline and the due date for filing transfer pricing reports
  • Extension of audited financial statement submission dates for certain entities
  • Extension of return filing deadlines (applies to all business operators) with regard to value added tax (VAT), withholding tax, and stamp tax
  • Reduction of withholding tax rates
  • Reduction of social security fund contribution rates for employers and employees (reduced for three months)
  • Draft tax relief measures for small to mid-size enterprises (SMEs)
  • Tax measures to support donations made to charitable organizations including those involved in providing health care

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Want to do business with KPMG?


loading image Request for proposal