Pursuant to Section 6(3) and Section 8(1) of the Royal Decree No. 750 issued by the Revenue Department, any VC or PE Trust wishing to receive revenue tax exemption is required to notify its VC or PE
tax-saving fund that will support the government sector’s policy on promotion of the public’s financial well-being through long-term savings and investment. Essentially, to be eligible for the SSF
indirect impact of the COVID-19 epidemic on the economy. In a move to restore capital market confidence, the cabinet approved an additional tax privilege for people who purchase investment units in “SSF
found that the aforesaid investment consultants proceeded with the redemption of long-term equity fund (LTF) units for clients in breach of the conditions for receiving tax benefits despite warnings
gain from foreign exchange of THB 92 million from THB appreciation, but realized a few loss from Yen depreciation. The company also received income tax refund from 2007 as revenue of THB 226 million
April 2020,” added Ms. Ruenvadee. On 10 March 2020, the Cabinet approved tax exemption on SSF investment for the general public on the condition that such SSF invests in listed securities on the Stock
allowed to offer only to any investors with a minimum subscription of 10 million baht. In addition, investment in infrastructure trust will obtain the benefit of tax neutrality. Upon receiving revenue
million. Furthermore, the company received corporate income tax returns in the amount of THB 671 million from 2009 and 2010. Other Important Events in Q3/2017 The company paid 2017 interim dividend by the
higher uncertainty, especially from foreign countries. In addition, the MPC raised concerns over the Baht’s increasing strength compared with the currencies of trading partners and competitors saying
from impairment of assets - (15) - N/A N/A Share of profit of associate and JV 123 21 157 28% 635% Profit/(loss) before finance costs and income tax expense 1,956 (1,579) 806 -59% 151% Finance costs (365