The Royal Decree issued under the Revenue Code re: Exemption from Revenue Taxes (No. 639) B.E. 2560 exempts corporate income tax for the net profit to companies or juristic partnerships which hires elder persons aged older than 60 years. The wages paid to elder persons can be deducted as the expenses in the addition to the same type of expenses totaling 100 percent but not exceeding 10 percent of their total employees.
To promote employment of elder persons under the government’s policy, the Royal Decree shall take effect on 3 March 2017.
Source: http://www.prachachat.net (Prachachat Thurakit), 3 March 2017.