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BoI to target research and HR development.
Byline: Yuthana Praiwan
Nov. 5--The Board of Investment will offer new incentives for companies to support product research activities and human resources development.
BoI secretary-general Sathit Sirirangkamanont said new promotional privileges would be granted in addition to existing tax incentives offered by the Revenue Department for research and development spending.
Currently up to twice the amount companies spend on R&D can be taken as a deduction against their corporate tax liability.
But only 143 projects with a combined investment of 340 million baht have applied for tax incentives with the Revenue Department, indicating the ...
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