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Thai Venture Capital Firms May Get Tax Exemptions.
Byline: Wichit Sirithaveeporn
Feb. 4--The Finance Ministry is considering expanding tax incentives for venture capital firms to cover investments in large companies.
Venture capital funds are currently exempted from taxes on dividend payments and share transfers, but only for investments in small and medium-sized companies, defined as firms with assets of no more than 200 million baht.
Chaiyuth Sudthitanakorn, a senior tax expert at the Finance Ministry, said expanding incentives to large companies would strengthen the venture capital industry.
Allowing venture capital firms to invest in large firms would also open the door to ...
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