Showing 1 - 10 of 23
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.
More local input needed to adjust tax law
Business, Wichit Chantanusornsiri, Published on 17/05/2024
» Local governments must play a greater role in amending the land and building tax law, which has been in effect for five years, says Pornchai Thiraveja, director-general of the Fiscal Policy Office.
VAT on imports sent via post starts in May
Business, Wichit Chantanusornsiri, Published on 29/04/2024
» The Customs Department is scheduled to commence the collection of value-added tax (VAT) for imported goods sent through postal services, regardless of the value of the goods, starting in May.
Excise eager to close booze tax loopholes
Business, Wichit Chantanusornsiri, Published on 14/08/2023
» The Excise Department plans to restructure the excise tax on liquor and beer to close loopholes, says director-general Ekniti Nitithanprapas.
FPO requests debt restructuring
Business, Wichit Chantanusornsiri, Published on 29/06/2023
» The Fiscal Policy Office (FPO) is calling on state financial institutions and commercial banks to implement debt restructuring measures to reduce the debt repayment burden rather than extending the repayment period, says director-general Pornchai Thiraveja.
Ministry sets targets for tax reform
Business, Wichit Chantanusornsiri, Published on 05/05/2023
» The Finance Ministry has set four targets for tax reform, aiming to boost revenue to cover expenses and deal with future economic uncertainties, says Fiscal Policy Office director-general Pornchai Thiraveja.
Finance Ministry keen on balanced budget
Business, Wichit Chantanusornsiri, Published on 03/02/2023
» The Finance Ministry expects a more focused reform of both revenue collection and expenditure to achieve a balanced budget in the next decade, says the ministry's permanent secretary Krisada Chinavicharana.
Balancing act in bid to raise revenue
Business, Wichit Chantanusornsiri, Published on 17/01/2022
» The government is inching towards imposing taxes on some products and ending tax waivers to ensure fiscal stability and expand the tax base.
Incentives considered to pave way for startups
Business, Wichit Chantanusornsiri, Published on 27/12/2021
» The government is considering using tax incentives to support the growth of startups, says Finance Minister Arkhom Termpittayapaisith.
Foreign websites to pay VAT
Business, Wichit Chantanusornsiri, Published on 26/07/2021
» Around 20 large overseas online platform operators plan to register as value-added tax (VAT) payers in Thailand, says Ekniti Nitithanprapas, director-general of the Revenue Department.