The cabinet has approved an extension of the reduced e-withholding tax rate through 2027, which is expected to enhance business liquidity by roughly 27 billion baht.
Speaking after Tuesday's cabinet meeting, Finance Minister Ekniti Nitithanprapas said the cabinet approved the extension of the reduced withholding tax rate until the end of 2027 from its original expiry date in 2025. The measure applies retroactively.
