BOI reminds BOI-promoted firms hit by floods that they can import replacement machinery duty-free and write off damaged machinery or raw materials without tax liability. Eligibility: the premises must be in an area declared a disaster zone or emergency relief zone for the flood. Claims with damage evidence must be filed within 6 months of the flood's end, which is the date the relevant zone declaration ends. Machinery bought to replace damaged units can also expand production capacity under the scheme's conditions. Details sit in BOI announcements 15/2567 and ป.7/2568. Questions: BOI head office 02-553-8111.
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