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Tax changes to cushion blow of US tariffs

Bangkok Post

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May 15, 2025

The Board of Investment (BoI) expects to decide next week on a plan to offer new tax incentives to help investors cope with the impact of US President Donald Trump's reciprocal tariff policy.

- LAMONPHET APISITNIRAN

The plan is on the agenda for a May 19 BoI board meeting chaired by Finance Minister Pichai Chunhavajira.

"The board members will talk in detail about taxes and the value-added tax, hoping they can become tools to help investors deal with the tariff issue," said Narit Therdsteerasukdi, secretary-general of the BoI.

He did not elaborate on how the taxes will be implemented, saying only that "more discussion is needed and the government expects to launch these new measures soon."

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