Showing 1 - 10 of 31
E-service tax poised to surpass B5bn
Business, Wichit Chantanusornsiri, Published on 22/02/2021
» The Revenue Department expects tax revenue collection from the upcoming e-service tax to tally more than 5 billion baht per year as the pandemic crisis has stirred traffic on online platforms.
Foreign e-service firms liable for VAT
Business, Wichit Chantanusornsiri, Published on 13/02/2021
» Starting on Sept 1, overseas businesses providing online services in Thailand will be required to register for the 7% value-added tax (VAT) liability if their annual income exceeds 1.8 million baht, according to a Revenue Department official.
Department promotes promising stars in lacklustre year
Business, Wichit Chantanusornsiri, Published on 18/04/2024
» The Revenue Department says there are significant challenges this year achieving tax collection targets because of the slowdown in economic activities, although it has identified five sectors that show promise.
Revenue to launch AI to scrutinise taxes
Business, Wichit Chantanusornsiri, Published on 13/03/2023
» The Revenue Department is using artificial intelligence (AI) to examine tax payments, enabling deeper scrutiny and preventing tax evasion, says director-general Lavaron Sangsnit.
Cannabis importer summoned
News, Wichit Chantanusornsiri, Published on 27/07/2022
» The Customs Department director-general has assigned a representative to file a complaint with police against an individual going by the name Julpaos Kresopon for making a false declaration to customs authorities regarding the type of goods he was importing.
Govt mulls ways to keep State Oil Fund from sinking
News, Wichit Chantanusornsiri, Published on 06/07/2022
» The Energy Ministry is considering ways to boost the State Oil Fund, which is more than 100 billion baht in debt, a well-placed source revealed on Tuesday.
Ministry defends varied measures to help SMEs
Business, Wichit Chantanusornsiri, Published on 08/10/2020
» The Finance Ministry has countered Khunying Sudarat Keyuraphan's Facebook post criticising the government's feeble assistance for SMEs by pointing to various measures designed to support struggling firms.
Committee agrees to end online shopping exemption
Business, Wichit Chantanusornsiri, Published on 18/12/2019
» A tax reform committee has agreed to revoke the value-added tax (VAT) exemption for online purchases of goods worth up to 1,500 baht from vendors outside of Thailand that are shipped by mail, aiming to provide a level playing field with local operators.
Govt preps B50bn for stimulus
News, Wichit Chantanusornsiri, Published on 25/11/2019
» The Finance Ministry will on Tuesday put forward for cabinet consideration a fresh economic stimulus package to inject at least 50 billion baht into the economy in the final quarter of the year to boost full-year economic growth after a poor third quarter.
Excise intent on taxing online games, movies, music
Wichit Chantanusornsiri, Published on 25/06/2019
» The Excise Department is conducting a study into the best ways to collect taxes from the cashed-up providers of online games, movies and music.