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Assembly calls for 1% hike in VAT
News, Aekarach Sattaburuth, Published on 19/05/2017
» The National Legislative Assembly (NLA) has proposed that valued-added tax (VAT) be increased by 1%, aiming to swell state coffers by up to 70 billion baht a year.
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Inheritance tax bill watered down
Aekarach Sattaburuth, Published on 16/05/2015
» Inheritors of assets worth more than 100 million baht will be taxed and only for the amount above that threshold, according to the latest version of the inheritance tax bill to be considered by lawmakers next week.
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Inheritance law passed
Aekarach Sattaburuth, Published on 22/05/2015
» The inheritance tax bill has been passed in a 145-5 vote, with the threshold set at 100 million baht and a 5% tax rate charged on the portion above it.
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