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Thailand expands tax breaks for international headquarters

The new incentive program was introduced under the auspices of Deputy Prime Minister Pridiyathorn Devakula.

TAMAKI KYOZUKA, Nikkei staff writer

BANGKOK -- Thailand's military junta has expanded a program offering tax incentives for companies serving as headquarters for subsidiaries throughout the region, hoping to spark more foreign investment to revive a sluggish economy. At a Thailand Board of Investment briefing Tuesday, Deputy Prime...