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GENERAL

Airlines urge excise tax cut

Business, Wichit Chantanusornsiri, Published on 14/06/2024

» Budget airlines are calling on the Finance Ministry to help reduce the excise tax on jet fuel to lower costs for airlines, which claim to be in a fragile state.

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PROPERTY

Trying to create a fairer property tax

Business, Wichit Chantanusornsiri, Published on 13/06/2024

» The Finance Ministry is reviewing the Land and Building Tax Act. Public hearings were conducted to gather opinions from the public and stakeholders.

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THAILAND

New State Enterprise Policy Office panel to manage securities

News, Wichit Chantanusornsiri, Published on 13/06/2024

» The State Enterprise Policy Office (Sepo) is preparing to establish a committee to manage state-owned securities, both those listed on the stock exchange and those not, with a combined value exceeding 400 billion baht to ensure maximum efficiency.

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PROPERTY

Official urges courage in tax assessment

Business, Wichit Chantanusornsiri, Published on 10/06/2024

» Local governments must be courageous in assessing which land plots are being underutilised or not used as they should be, as this assessment determines the maximum tax burden according to the land and building tax, says finance permanent secretary Lavaron Sangsnit.

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GENERAL

New pension lottery intends to assist informal workers

Business, Wichit Chantanusornsiri, Published on 07/06/2024

» The Finance Ministry plans to introduce a pension lottery to promote retirement savings.

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GENERAL

New overseas income rules proposed

Business, Wichit Chantanusornsiri, Published on 05/06/2024

» The Revenue Department is preparing to amend the law to collect taxes from individuals who have income from abroad, even if that income is not brought into the country.

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GENERAL

Carbon levy slated for 2025

Business, Wichit Chantanusornsiri, Published on 05/06/2024

» The Excise Department is scheduled to impose a carbon tax by 2025.

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GENERAL

Top-up tax draft heads to cabinet

Business, Wichit Chantanusornsiri, Published on 04/06/2024

» Draft legislation to collect taxes from multinational enterprises (MNEs) to prevent the shifting of profit to subsidiaries located in countries with a lower tax base is scheduled to be presented to the cabinet for approval in the next two weeks, says Deputy Finance Minister Julapun Amornvivat.

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GENERAL

Trade upgrade

Business, Wichit Chantanusornsiri, Published on 03/06/2024

» Technological change, once a gentle breeze, is now sweeping through with much greater force, raising concerns about whether these advancements will disrupt Thailand's export sector, which accounted for 54.5% of GDP last year, excluding services.

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GENERAL

Office advances public-private pacts

Business, Wichit Chantanusornsiri, Published on 03/06/2024

» The State Enterprise Policy Office (Sepo) expects to push forward government investment projects this year under public-private partnerships (PPP) valued at close to the government's target of 47 billion baht.