Showing 1 - 10 of 736
Shorter holding period for tax-deductible funds considered
Business, Wichit Chantanusornsiri, Published on 19/06/2024
» The Finance Ministry is considering measures to support the stock market, particularly shortening the holding period for tax-deductible stock mutual funds as an incentive for investors.
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.
Official backs B122bn added budget
Business, Wichit Chantanusornsiri, Published on 06/06/2024
» Permanent finance secretary Lavaron Sangsnit has insisted the preparation of an additional budget totalling 122 billion baht for fiscal 2024 is still within the framework of fiscal discipline.
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.
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.
Ministry reports shortfall in revenue
News, Wichit Chantanusornsiri, Published on 04/06/2024
» The government's revenue collection in the first seven months of the 2024 fiscal year was nearly 40 billion baht under the 1.4 trillion baht target due to a reduction in fuel taxes and a decrease in vehicle tax collection.
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.
Officials ordered to draw up plans for economic stimulus
Business, Wichit Chantanusornsiri, Published on 01/06/2024
» Deputy Finance Minister Julapun Amornvivat has told three tax-related departments to devise stimulus measures to be presented to the economic cabinet within a week and a half.
Tax refunds delayed by surge in fake submissions
Business, Wichit Chantanusornsiri, Published on 27/05/2024
» The delay in personal income tax refunds this year is partly related to stricter document verification, as more fake documents were submitted to claim refunds, according to the Revenue Department.
A lever to capture corporate tax scofflaws
Business, Wichit Chantanusornsiri, Published on 23/05/2024
» Global tax reform efforts, led by the Organisation for Economic Co-operation and Development (OECD), have been building momentum since 2021, reaching agreement on one of the two pillars of tax reform: the establishment of a global minimum tax.