Five measures under the productivity improvement measures:
1. Energy conservation, alternative energy utilization, or environmental impact reduction
2. Machinery upgrade
3. Research and development, or engineering design
4. Implementation of international sustainability standards
5. Adoption of digital technologies (the measure is yet to be announced, we will keep you updated on the announcement.)
Promoted activities will enjoy a 3-year corporate income tax (CIT) exemption, accounting for 50% of the investment to improve productivity.
Qualified projects must submit applications within the last working day of 2022.
For more details, please go to https://bit.ly/3sCuRVY
**Available in Thai only**
For more information, please contact: Interloop Solutions & Consultancy
Tel. +66(0) 97-106-9113
Line ID: @inlps
Source: Bangkok Post