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Longer tax breaks given to electronic, electrical projects.
Dec. 9--The Board of Investment (BoI) yesterday announced it would increase promotional privileges for investment projects in the electronics and electrical industry.
Satit Sirirangkamanont, the BoI secretary-general, said investors in hard disk drives (HDD) and parts, integrated circuits (IC), and other electronic and electrical products in investment Zone 1 would be offered a corporate income tax holiday of up to five years.
Previously, Zone 1 projects, which cover Bangkok and its neighbouring provinces, could only receive a three-year tax holiday if they were located in an industrial estate, with no other benefits.
Zone 2 projects, for ...
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