The economic impact of the COVID-19 pandemic has led Thailand’s Ministry of Finance, with the approval of the cabinet, to implement tax and non-tax relief measures to aid the general public, workers, and entrepreneurs. The tax relief measures, two phases of which have been released to date, are detailed below.Phase I Tax Relief Measures – March 10, 2020Reduction of withholding tax rates. This measure, which is already in effect, reduces withholding tax from 3% to 1.5% for the following types of payments made between April 1, 2020, and September 30, 2020: