SEZ, EEC perks get cabinet nod

The cabinet on Tuesday approved additional tax measures to boost private investment in 10 special economic zones (SEZs) and the flagship Eastern Economic Corridor (EEC).

Government spokeswoman Naruemon Pinyosinwat said one of the two measures is a reinstated corporate income tax of 10%, down from 20%. The previous 10% rate expired in December 2017.

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Chatrudee Theparat