Tax Incentives for donation made to educational institutions

On 27 December 2022, the Cabinet approved the tax incentive, allowing double tax deduction to the donors who donate to the following educational institutions:

  1. Public schools;
  2. Private Schools but not include non-formal education;
  3. Private Higher Education Institutions;
  4. Educational institutes established in Thailand according to a treaty or agreement between the Thai government and the United      Nations      or       specialized organizations such as Asian Institute of Technology (AIT); and
  5. Higher Education Institutions from abroad which were approved by the Educational Management Development Committee.

Please be noted that e-donations made to the above educational institutions between 1 January 2022 and 31 December 2024 can be used as the deduction allowance. In addition, to make it easier for taxpayers, the Revenue Department of Thailand (the “RD”) has provided a list of educational institutions announced by the Ministry of Education that can be used for tax deduction on its website.