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Thailand's Reduced 23% Corporate TaxJanuary 2012 As mentioned in our November update starting January 1, 2012 Thailand reduced the corporate income tax rate from 30% to 23%. Thai Reduced Corporate Tax Rate ApprovedNovember 2011 The Thai cabinet approved on October 11 the reduction of the corporate income tax rate following the proposal of the Thai revenue in September 2011. The current 30% corporate income tax rate would be reduced to 23% for accounting period ending on December 31, 2012 or later and to 20% for accounting periods starting on January 1, 2013. Thailand Reduced Corporate Tax Rate ProposalSeptember 2011 The Thai revenue office is planning to propose a reduction of Thailand's corporate income tax rates. From the current 30% rate down to 23% in 2012 and 20% in 2013. Thailand CPA's, Accountants and Accounting Firms | Thailand Business Opportunities and B2B Marketplace | Thailand Banks and Banking Sites in Thailand | Thailand Tax News |
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