Showing 1 - 9 of 9
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.
Levy on share sales at risk from Fetco opposition
Business, Wichit Chantanusornsiri, Published on 03/03/2023
» The imposition of the financial transaction tax on share sales by individual investors might be delayed because of opposition from the Federation of Thai Capital Market Organizations (Fetco), says Finance Minister Arkhom Termpittayapaisith.
B100bn relief package for virus
News, Wichit Chantanusornsiri, Published on 05/03/2020
» The Finance Ministry has launched a huge relief package including cash giveaways to many more individuals beyond the 14 million people with annual base incomes not exceeding 100,000 baht and who are registered as poor to help cushion fallout from the spread of the new coronavirus.
Fetco asks for split deductions
Business, Wichit Chantanusornsiri, Published on 29/11/2019
» The Federation of Thai Capital Market Organizations (Fetco) has requested the Finance Ministry separate tax-deductible contributions for the new tax-saving fund to replace long-term equity funds (LTFs) from those for retirement mutual funds (RMFs).
LTF replacement decision scheduled for next week
Business, Wichit Chantanusornsiri, Published on 22/11/2019
» The lock-up period for a new type of tax-saving fund meant to replace long-term equity funds (LTFs) after the tax incentive lapses at year-end will be set at 10-15 years, says a source at the Finance Ministry.
Income tax overhaul studied
Business, Wichit Chantanusornsiri, Published on 07/10/2019
» The Revenue Department is conducting a study to overhaul the structure of allowances, deductions and exemptions for personal income tax, aiming to alleviate the tax burden for middle-income earners and reduce tax benefits for higher-income earners to narrow social disparity.
Fetco tax deduction proposal gets nod
Business, Wichit Chantanusornsiri, Published on 05/09/2019
» Ekniti Nitithanprapas, head of the Revenue Department, has initially agreed with the Federation of Thai Capital Market Organizations' (Fetco) proposal for a tax allowance for contributions to a new tax-saving mutual fund, but requires that the fund be for long-term savings to serve older Thais.
New fund replacing LTFs starts to take shape
Business, Wichit Chantanusornsiri, Published on 26/08/2019
» The Finance Ministry has agreed to launch a new tax-saving fund to replace long-term equity funds (LTFs), for which the tax incentive is due to expire at the end of this year.
Uttama buys time to consider Fetco proposal
Business, Wichit Chantanusornsiri, Published on 08/08/2019
» The Finance Ministry remains undecided on a new investment fund that provides income tax savings, as proposed by the Federation of Thai Capital Market Organizations (Fetco).