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Panel to add new rights, perks to ease impact of GMT

August 05, 2025

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Bangkok Post

The Commission on the National Competitiveness Enhancement for Targeted Industries Policies has resolved to add new rights and investment incentives, including tax credit refunds, to a law now being amended to ease the impact of the government's adoption of the global minimum tax (GMT).

- LAMONPHET APISITNIRAN

The GMT, introduced by the Organisation for Economic Cooperation and Development (OECD), requires large multinational corporations, with a consolidated group revenue above €750 million, to pay a minimum tax rate of 15% worldwide in the countries in which they operate.

This caused the Board of Investment (BoI), the secretariat of the commission, to find measures to help affected foreign investors. The move led to the commission's approval for an amendment to the 2017 National Competitiveness Enhancement for Targeted Industries Act, so it includes new tax incentives.

المزيد من القصص من Bangkok Post

Bangkok Post

Bangkok Post

Azteca rocks as Mexico deliver victory

Mexico beat South Africa 2-0 in a drama-filled opening match of the World Cup at the Estadio Azteca Thursday, kicking off the biggest ever edition of the global football extravaganza.

time to read

2 mins

June 13, 2026

Bangkok Post

Committee seeks tighter welfare rules for ex-MPs

A parliamentary committee has recommended tightening eligibility rules for welfare benefits granted to former MPs, including raising the threshold for lifetime allowances and reviewing funding arrangements for the welfare scheme.

time to read

1 min

June 13, 2026

Bangkok Post

Bangkok Post

Pricey World Cup hits hotels, airlines

Hotels and airlines see weak demand, cut rates as fans deterred by high costs, visa hurdles

time to read

3 mins

June 13, 2026

Bangkok Post

Bangkok Post

Pornpawee keeps title dream alive

Pornpawee Chochuwong advanced to the women’s singles semi-finals of the US$500,000 (approximately 16,350,000 baht) BWF Australian Open in Sydney yesterday, while mixed doubles pair Ruttanapak Oupthong and Jhenicha Sudjaipraparat also made it through to the last four.

time to read

1 min

June 13, 2026

Bangkok Post

Bangkok Post

Hurricanes one win from glory

Carolina's Andrei Svechnikov scored two power-play goals to help the Hurricanes beat the Vegas Golden Knights 4-2 on Thursday to move within one win of capturing the NHL Stanley Cup.

time to read

1 mins

June 13, 2026

Bangkok Post

A princess who never rested on her laurels

HRH PRINCESS BAJRAKITIYABHA: CAMPAIGNER, REFORMER, PROSECUTOR, AMBASSADOR, ROLE MODEL

time to read

3 mins

June 13, 2026

Bangkok Post

Bangkok Post

The lasting legacy of Thailand's 'lawyer princess'

Known affectionately as \"the lawyer princess\", Her Royal Highness Princess Bajrakitiyabha Narendiradebyavati was widely recognised for her legal expertise, her leadership in judicial reform, and her commitment to addressing social issues in Thailand and abroad.

time to read

3 mins

June 13, 2026

Bangkok Post

Australia first up as Guler leads Turkey on WC return

Young attacking midfielder Arda Guler will lead a hungry Turkey side as they make their return to the World Cup finals for the first time in more than two decades against an Australia squad brimming with youthful vigour in their Group D opener at Vancouver's BC Place tomorrow morning, Thai time.

time to read

1 mins

June 13, 2026

Bangkok Post

ELECTRONICS SECTOR HELPS SPARK SET REVIVAL

As expected, the Stock Exchange of Thailand performed well last month, bucking the historic “Sell in May” trend for stock markets, helped by early stirrings of hope for a peace agreement between the US and Iran.

time to read

1 min

June 13, 2026

Bangkok Post

Foes trade overnight air strikes

Ukraine and Russia exchanged overnight drone strikes into early yesterday morning, with Ukraine targeting a major oil processing and petrochemical region while Russia attacked railway stations and electrical substations.

time to read

1 mins

June 13, 2026

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