DT18656 - Thailand: Tax spared

The agreement provides for credit to be given for tax spared' (see INTM161270) in Thailand under the provisions of Thai law set out in Article 23(2). Relief is however limited to tax spared’ in Thailand for a period of ten years in respect of any one source of income. Amounts of `tax spared’ for which relief is given should be reported as mentioned at INTM161290.