Showing 1 - 10 of 60
Import duty planned on Jan 1 for low-cost goods
Business, Wichit Chantanusornsiri, Published on 06/11/2025
» The Customs Department is preparing to impose import duties on goods valued less than 1,500 baht (the de minimis value) starting Jan 1 next year to create fair competition for domestic businesses.
Ministry keen to press financial bills
Business, Wichit Chantanusornsiri, Published on 07/07/2025
» Despite ongoing political uncertainty, the Finance Ministry appears poised to push forward three key financial bills.
Sleepy economy no threat to Thai casinos
Business, Wichit Chantanusornsiri, Published on 31/03/2025
» The global economic slowdown is unlikely to affect investment in the much-touted entertainment complex project because it is a long-term investment, says Deputy Finance Minister Julapun Amornvivat.
Inheritance tax collection rising sharply
Business, Wichit Chantanusornsiri, Published on 27/02/2025
» The Revenue Department has collected revenue from inheritance tax worth more than 4 billion baht over the past 10 years, with more than 1.5 billion collected in the last fiscal year alone.
Financial Hub bill set to go before cabinet
Business, Wichit Chantanusornsiri, Published on 26/12/2024
» The Finance Ministry is poised to table the Financial Hub bill for the cabinet's consideration by February next year, with expectations that it will help drive higher domestic investment, according to Deputy Finance Minister Paopoom Rojanasakul.
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.
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.
Bid to close profit shifting loophole
Business, Wichit Chantanusornsiri, Published on 23/04/2024
» The Revenue Department is drafting legislation to collect taxes from multinational enterprises (MNEs) to prevent profit shifting to subsidiaries in countries with lower tax bases.
Uttama: Budget bill has B400bn for investment
Business, Wichit Chantanusornsiri, Published on 21/02/2020
» State investment worth over 400 billion baht is expected to be pumped into the economy in the second quarter after the passage of the delayed 3.2-trillion-baht annual budget bill for fiscal 2020, says Finance Minister Uttama Savanayana.
Mid-year funds available for more stimulus
Business, Wichit Chantanusornsiri, Published on 17/02/2020
» A mid-year budget worth 100 billion baht is available for the government to finance new economic stimulus measures while the fiscal 2020 budget is held up, says a senior official at the Finance Ministry.