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BUSINESS

Oil tax cuts possible if subsidies get too pricey

Wichit Chantanusornsiri, Published on 18/03/2026

» Officials at the Ministry of Finance are preparing measures to reduce excise taxes on fuel, as well as draft legislation to allow the Oil Fuel Fund to borrow additional funds to stabilise domestic prices.

BUSINESS

Tax cut for venues extended

Business, Wichit Chantanusornsiri, Published on 25/12/2024

» The cabinet has approved an extension to the tax reduction measures for pubs, bars, nightclubs and cocktail lounges for another year to support tourism over the coming year.

PROPERTY

State advised to help support senior housing

Business, Wichit Chantanusornsiri, Published on 30/11/2024

» The government is being urged to support senior housing projects by offering tax incentives and low-interest loans.

BUSINESS

Lost revenue from sales tax cut 'insignificant'

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

» The Excise Department's sales tax cut is expected to cost the government less than 1 billion baht in forgone revenue, says the department's chief.

BUSINESS

Tax breaks to ease coronavirus stress

News, Wichit Chantanusornsiri, Published on 07/07/2020

» The Finance Ministry is offering sales tax reductions and a short-term tax break for certain businesses to help them cope better with the Covid-19 pandemic.

BUSINESS

Retail prices for cigarettes under review

Business, Wichit Chantanusornsiri, Published on 15/01/2018

» The Excise Department is discussing the legality of prohibiting cigarette importers from setting their retail prices below the prices listed before Sept 16, 2017, the first day the new excise tax came into force.