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Search Result for “Revoke”

Showing 1 - 10 of 12

BUSINESS

Cabinet approves support for firms hit by new tax

Business, Wichit Chantanusornsiri, Published on 03/09/2025

» The cabinet on Tuesday approved in principle the draft National Competitiveness Enhancement for Targeted Industries Bill to mitigate the impact of the so-called Top-Up Tax.

BUSINESS

Online sales platforms being brought into tax system

Wichit Chantanusornsiri, Published on 04/09/2024

» The Ministry of Finance is preparing to bring online sales platforms into the Thai tax system after the cabinet resolved that the platforms must register for value-added tax (VAT).

BUSINESS

Total premiums expected to reach B1tn by 2026

Business, Wichit Chantanusornsiri, Published on 18/01/2024

» The Office of the Insurance Commission (OIC) says the insurance sector expanded by 4.5% recently, with total insurance premiums expected to reach 1 trillion baht in 2026, up from 800-900 billion baht at present, according to secretary-general Chuchatr Pramoolpol.

BUSINESS

Land windfall tax law to be resurrected

Business, Wichit Chantanusornsiri, Published on 20/06/2022

» The Finance Ministry plans to dust off the land windfall tax law as part of the country's reform of its tax system, says Krisada Chinavicharana, the permanent finance secretary.

BUSINESS

Finance Ministry promises share sales tax soon

Business, Wichit Chantanusornsiri, Published on 14/06/2022

» The Finance Ministry plans to propose to the cabinet the implementation of a financial transaction tax on individual stock investors soon, says Finance Minister Arkhom Termpittayapaisith.

BUSINESS

Tax cut for foreigners mulled

Business, Wichit Chantanusornsiri, Published on 11/10/2021

» The Revenue Department has considered lowering the personal income tax for foreign experts to 17% as part of measures to woo highly skilled professionals to work in Thailand, says director-general Ekniti Nitithanprapas.

BUSINESS

Key official seeks to revoke VAT break

Business, Wichit Chantanusornsiri, Published on 08/07/2020

» Removing the value-added tax (VAT) exemption for goods of up to 1,500 baht per parcel and imported through the post is crucial to levelling the playing field for local vendors, particularly small and medium-sized enterprises (SMEs), says the Revenue Department.

BUSINESS

Committee agrees to end online shopping exemption

Business, Wichit Chantanusornsiri, Published on 18/12/2019

» A tax reform committee has agreed to revoke the value-added tax (VAT) exemption for online purchases of goods worth up to 1,500 baht from vendors outside of Thailand that are shipped by mail, aiming to provide a level playing field with local operators.

LIFE

New law for foreign firms in the works

Business, Wichit Chantanusornsiri, Published on 25/06/2018

» The Revenue Department plans to propose a law stipulating that foreign entities with no physical presence which earn income in Thailand must report their transactions here to be inspected for value-added tax (VAT) payment.

BUSINESS

Sepo chief hopes for Thailand Future Fund IPO in July

Business, Wichit Chantanusornsiri, Published on 28/05/2018

» The IPO for the Thailand Future Fund (TFF), delayed several months, is set to launch in October after the Administrative Court turned down a request by the Expressway Authority of Thailand (Exat) labour union to revoke the infrastructure fund's launch plan.