{"id":438,"date":"2017-02-13T09:08:50","date_gmt":"2017-02-13T09:08:50","guid":{"rendered":"http:\/\/orbis-blog.com\/?p=438"},"modified":"2020-12-02T11:52:11","modified_gmt":"2020-12-02T11:52:11","slug":"thailand-new-tax-incentives-for-donors-in-2017","status":"publish","type":"post","link":"https:\/\/orbis-alliance.com\/es\/orbis-news\/thailand-new-tax-incentives-for-donors-in-2017","title":{"rendered":"THAILAND – New Tax Incentives For Donors In 2017"},"content":{"rendered":"

\"\"<\/strong><\/p>\n

Following the recent ravaging floods in the South of Thailand, the Government has approved a tax deduction scheme for both individuals and companies willing to donate money or assets to the victims.\u00a0<\/strong><\/p>\n

The donors, who can make donations from January 1st<\/sup>\u00a0to March 31st<\/sup>\u00a02017, will benefit from a tax deduction at 1.5 times the donation amount. The tax allowance will apply for tax year 2017 for which the tax return will be filled from January to March 2018.<\/strong><\/p>\n

For individuals, the amount of tax deducted cannot exceed 10% of their net assessable income (assessable income \u2013 deductions & allowances).<\/strong><\/p>\n

For companies, the tax deduction cannot exceed 2% of their net profits.<\/strong><\/p>\n

The tax break aims at encouraging taxpayers to help people in 12 flood-hit southern provinces:\u00a0Phatthalung, Narathiwat, Yala, Songkhla, Pattani, Trang, Surat Thani, Nakhon Si Thammarat, Chumphon, Ranong, Krabi and Prachuap Khiri Khan.\u00a0<\/strong><\/p>\n

 <\/p>\n

Alexandre DUPONT, ORBIS Partner<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Following the recent ravaging floods in the South of Thailand, the Government has approved a tax deduction scheme for both individuals and companies willing to donate money or assets to the victims.\u00a0 The donors, who can make donations from January 1st\u00a0to March 31st\u00a02017, will benefit from a tax deduction at 1.5 times the donation amount. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,134],"tags":[],"class_list":["post-438","post","type-post","status-publish","format-standard","hentry","category-orbis-news","category-thailand"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t