Thailand to Accelerate New Law to Aid Firms on New Minimum Tax

Thai government will accelerate the parliament’s approval for new legislation to help companies cope with the OECD’s new global minimum tax rule, according to Finance Minister Ekniti Nitithanprapas.

• Prime Minister Anutin Charnvirakul aims to implement the new law before the dissolution of parliament, Ekniti says in a brief interview in Singapore on Friday
• NOTE: Anutin, Ekniti and other senior officials attended roadshow in Singapore to attract international investors
• Proposal include the provision of some tax credit to companies that have been affected by the minimum tax rule, according to Ekniti
• NOTE: Thailand has amended its law to comply with ...