Thailand Studies Tax Breaks For Tourism Attractions

Category: Real estate, Posted:29 Nov 2013 | 06:00 am

Thailand is trying to keep pace with a seemingly insatiable appetite by overseas visitors to the country.
With changing demographics and emerging markets the need for new tourism attractions is viewed as a way to create sustainable growth.
The Thai government is considering tax breaks for investors, which will enhance the existing Board of Investment initiative for tourism attractions and theme parks.
Under the BoI program 100% foreign ownership is available for projects, which meet the guidelines along with fast track employment visas and tax-free importation of capital equipment and machinery

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