Thailand Offers Double Tax Deduction for MICE Event Expenses
Thailand’s Revenue Department is introducing a tax incentive that lets businesses deduct twice their actual costs for renting booths and services at domestic exhibitions and trade fairs. The measure, effective from October 6, 2026 to December 31, 2027, is designed to attract international events and boost quality tourism spending. Officials say it supports the government’s tourism strategy and will help develop related infrastructure and spread income to local communities.
The Ministry of Finance, through the Revenue Department, has submitted a draft royal decree under the Revenue Code to the Cabinet, proposing the double deduction for eligible MICE-related expenditures. The measure covers exhibitions and product shows held within Thailand during the specified period, with payments made between the same dates. Officials noted that the initiative builds on ongoing support for the MICE sector and aims to position Thailand as a key regional destination while enhancing sustainable value in tourism. For further information, taxpayers can contact any Revenue Department office nationwide or the RD Intelligence Center at 1161.
