Donations to education, sports and social development will only gain a double tax deduction if they are made via an electronic channel, said Vinit Visessuvanapoom, deputy director-general of the Revenue Department.
Currently donations made to these three areas via a traditional channel qualify for a double tax deduction, but the deductible amount would not exceed 10% of the donor’s net income after expenses and tax deduction.
However, this rule would no longer be applied as the department wants to encourage e-donations, Mr Vinit said.
There are two options when it comes to making an e-donation. A donation can be made by scanning the QR code of the organisation, or the donor can donate cash at the organisation and ask them to register the donation as an e-donation.
Around 2.26 million people made 5.09 million e-donation transactions last year, tallying 11.9 billion…
