Showing 1 - 10 of 15
Minister clarifies digital services accord
Business, Wichit Chantanusornsiri, Published on 11/11/2025
» The Agreement on Reciprocal Trade between the US and Thailand regarding the exemption of import duties on digital services concerns the downloading of cross-border digital goods, not the provision of cross-border services or e-service tax, says Finance Minister Ekniti Nitithanprapas.
Cabinet gives green light for tax incentives to aid artists
News, Wichit Chantanusornsiri, Published on 20/08/2025
» The cabinet has given the go-ahead to tax incentives to boost art purchases and support home-grown artists, according to Deputy Finance Minister Julapun Amornvivat.
Thailand touts 0.8% growth boost from casino complex
News, Wichit Chantanusornsiri, Published on 05/06/2025
» The government says an entertainment complex featuring a casino will still be an economic growth engine with the Finance Ministry projecting it will drive a 0.8% increase in GDP.
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).
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 urges courage in tax assessment
Business, Wichit Chantanusornsiri, Published on 10/06/2024
» Local governments must be courageous in assessing which land plots are being underutilised or not used as they should be, as this assessment determines the maximum tax burden according to the land and building tax, says finance permanent secretary Lavaron Sangsnit.
Going global
Business, Wichit Chantanusornsiri, Published on 24/07/2023
» Why are Thai small and medium-sized enterprises (SMEs) unable to penetrate foreign markets as other countries do? Apart from a lack of courage in tackling obstacles to international trade, Thai SMEs' lack of research and development (R&D) is one of the key factors hindering them from entering the global market.
Fiscal status unfazed by continued tax discount
Business, Wichit Chantanusornsiri, Published on 18/01/2023
» The Finance Ministry is confident the cabinet's decision to extend the diesel excise tax cut by another four months will not affect the country's fiscal status as net revenue collection for fiscal 2023 is expected to exceed the target, says Deputy Finance Minister Santi Promphat.
Excess revenue to help public
Business, Wichit Chantanusornsiri, Published on 19/03/2022
» If Thailand's revenue in fiscal 2022 exceeds the government target, the Finance Ministry will spend the excess money on easing people's living costs, says the ministry's permanent secretary Krisada Chinavicharana.
VAT payment of e-service tax beats estimates
Business, Wichit Chantanusornsiri, Published on 22/01/2022
» The number of foreign online platform operators registering to pay value-added tax (VAT) in Thailand has increased to around 120 following enforcement of the e-service tax law last year, says Ekniti Nitithanprapas, director-general of the Revenue Department.