3. A Stay at Hotel Becomes Tax Deductible

Freight Links Express (Thailand) Co.,Ltd is one of the leading integrated freight forwarding and logistics group in Thailand. Since our establishment in 1986,
we have been facilitating and promoting trades from small and medium sized enterprises to multinational companies.

It is a Total Solutions Provider that integrates customized logistics management. We specialize in managing the movement of cargoes in various shapes
and sizes from small packages to heavy machinery and project cargoes of all shapes and sizes.

As an end of the year is approaching, like every year end many individual taxpayers typically attempt to find legitimate tax deductions generously offered by the government, i.e. RMF, LTF or life insurance to lower his or her final tax bill. Amid the political crisis and unrest, this year the government introduces one new deduction, a tourism restoration deduction, to boost the tourism industry. This means a cost for individual taxpayer’s stay at a hotel in Thailand or individual taxpayer’s trip within Thailand with a licensed tour operator becomes a tax deduction for the taxpayer up to Baht 15,000, provided that a service fee or an accommodation fee must be paid from June 8, 2010 to December 31, 2010.
For more details, please contact our lawyers for consultation.

์NARIT&ASSOCIATES NEWSLETTER No.47 Edition October 2010