Cabinet approves adjustment of ThaiESG conditions, tax deduction of 300,000 baht

Government House, Cabinet approves adjustment of ThaiESG conditions, tax deduction of 300,000 baht for holding investment for 5 years, hoping to stimulate the capital market. Mr. Chulaphan Amornvivat, Deputy Minister of Finance, said after the cabinet meeting that the cabinet approved the adjustment of the conditions of the Thai Sustainable Investment Fund (ThaiESG). From now on, it will be sent to the Council of State for another review. The maximum tax deduction amount will be adjusted from 100,000 baht to 300,000 baht, and the investment period will be reduced to 5 years. This is believed to be another mechanism that will accelerate the stimulation of the capital market in Thailand. Source: Thai News Agency