Bangkok, The Revenue Department reiterates that the Thai ESG Fund will reduce taxes by 300,000 baht/person. Purchase investment units by December 31, 2026. The SEC is preparing to announce stocks in the ESG Index with a rating of 3 stars or higher.Dr. Kullaya Tantitemit, Director-General of the Revenue Department, revealed that the Cabinet approved an increase in tax benefits for investment in Thai ESG, specifically for purchasing investment units from January 1, 2024 to December 31, 2026, by increasing the deduction limit to no more than 30% of assessable income from no more than 100,000 baht to no more than 300,000 baht, reducing the holding period from the original requirement of holding investment units for no less than 8 years to no less than 5 years, and exempting personal income tax for capital gains from selling investment units back.The SEC will issue an announcement from the Capital Market Supervisory Board to expand the scope to cover stocks in the ESG index, which are trusted internationally, with listed companies with an IOD CG Rating of 3 stars or higher and have disclosed information on corporate governance (G).' If you have any questions, you can inquire for more information at any Revenue Department office nationwide or the Revenue Department Intelligence Center (RD Intelligence Center) at tel. 1161.Source: Thai News Agency