Tourism Tax Deduction: It’s like getting paid to go on vacation

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The cabinet just approved tax measures to support domestic tourism
during the last month of 2016. They have said that up to THB15,000 spent
on domestic tourism per person this year can be used as a deduction from
taxable income.

Adviser to the Minister of Commerce Nuttaporn Jatusripitak explained that
the cabinet approved tourism tax exemptions of up to THB15,000.The measure
was taken in light of state assistance to other sectors as well as in
acknowledgement of the “high season” of increased domestic tourism,
which starts in December, reported Thai News Bureau.

Nuttaporn pointed out that Thailand’s tourism sector was somewhat
depressed and the Commerce Ministry suggested tax waivers to spur
spending and travel. The incentives will last from December 1 to 31 and will
allow for personal tax exemptions for tourism of up to THB15,000.

Combined with other previously approved measures, citizens now can
potentially receive tax deductions of up to THB30,000 for engaging in
domestic tourism,since the previously announced THB15,000 tax
deduction meant to spur end-of-year shopping can be applied to some
travel-related expenses such as a new travel wardrobe, awesome camera or
lobster by the seaside.

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