Single account measure and the exemption and reduction of corporate income tax rates for SMEs

Abstract

Small and medium enterprises have an important role in Thai economic. This article aims to present 2 laws, such as the Royal Ordinance regarding the Revenue Tax Exception and to support the Operation under the Revenue Code B.E. 2558 and the Royal Decree issued under the Revenue Code Governing Reduction of Tax Rates and Exemption of Taxes (No. 595) B.E. 2558. If a company or juristic partnership of the small and medium enterprises registers in the legal measures, they will receive many tax benefits.