Cabinet Approves Double Tax Deduction for Donations to Nine Foundations

Bangkok: The Cabinet has given a nod to a new tax measure that allows for double tax deductions on donations made to nine specific foundations, effective from May 26, 2026, to December 31, 2027. This decision, part of a draft Royal Decree under the Revenue Code, aims to bolster medical care, public health, and education through enhanced private sector involvement.

According to Thai News Agency, Mr. Somsak Anantawat, Acting Director-General of the Revenue Department, emphasized the government's commitment to fostering private sector contributions to elevate medical and public health services and improve educational standards. This initiative also seeks to widen educational opportunities for children and youth. The involved foundations, which include The Dhammikachon Foundation for the Blind in Thailand and The Foundation for Medical Governance, will benefit from donations processed through the e-Donation system.

By enabling double deductions for contributions to these foundations, the government hopes to significantly support their large-scale charitable activities. Foundations under the royal patronage, such as The Princess Maha Chakri Sirindhorn Medical Foundation and The National Foundation for Emergency Medical Services, are among those designated to receive this tax benefit. The measure underscores a strategic effort to improve public services and education through strengthened financial backing from the private sector.