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News Forum - Tax exemption for corporate insurance payouts amid flood recovery


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The Cabinet has sanctioned a tax exemption for corporate income derived from insurance payouts for policyholders impacted by this year’s floods. Government spokesman Jirayu Houngsub announced after the Cabinet meeting that companies in flood-affected areas with insurance coverage against floods will have their insurance payouts exempted from income tax, as per the Finance Ministry’s directive. … …

The story Tax exemption for corporate insurance payouts amid flood recovery as seen on Thaiger News.

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