Thailand Provides Tax Relief for Tourism Sector Hit by Coronavirus

The government of Thailand has proposed a series of tax measures designed to lessen the impact of coronavirus on the tourism sector.

Coronavirus, which originated in nearby China, has killed more than 400 people and infected many thousands more. Thailand is worried that consumer concerns, and measures to contain the virus such as flight restrictions, could affect tourism.

Ministry of Finance guidance released Tuesday contains three key ameliorative measures:

• Allowing companies such as hotel operators and conference organizers to deduct expenses—such as room fees, transportation charges and expenses paid to tour operators—by as much as twice the amount of actual ...