Showing 1 - 10 of 162
Collection 2% short of target in Q1
Business, Wichit Chantanusornsiri, Published on 27/01/2026
» The government's net revenue collection in the first quarter of fiscal 2026 (October–December 2025) amounted to 633 billion baht, falling 2% short of the target, mainly due to an accelerated refund of corporate income tax to businesses.
Customs seeks to tighten export rules in crackdown on origin loopholes
Business, Wichit Chantanusornsiri, Published on 23/01/2026
» The Customs Department wants to tighten local content criteria for goods produced in free zones to prevent the misuse of Thai origin privileges for exports to the US.
Customs mulls higher import duty rate
Business, Wichit Chantanusornsiri, Published on 12/01/2026
» The Customs Department is considering raising the import duty rate on goods with a low value and applying a single, uniform rate to promote fairer competition between domestically produced goods and imported products.
Election puts new rules in limbo
Business, Wichit Chantanusornsiri, Published on 05/01/2026
» In 2026, several taxes are in the Finance Ministry's pipeline that will affect salaried employees, the public and businesses.
Corporate tax refunds dent fiscal 2026 revenue collection
Business, Wichit Chantanusornsiri, Published on 29/12/2025
» The government's net revenue collection during the first two months of fiscal 2026 amounted to 385 billion baht, 7% below target, mainly due to accelerated refunds of corporate income tax.
Fiscal decline expected to pressure Thailand over the medium term
Business, Wichit Chantanusornsiri, Published on 27/12/2025
» In 2026, the incoming government is likely to face a host of internal and external challenges, with Thailand's fiscal position a longstanding problem that has become more strained amid sluggish economic growth.
Customs cracks down on shoddy products
Business, Wichit Chantanusornsiri, Published on 23/12/2025
» The Customs Department has partnered with online sales platforms to crack down on sales of non-certified products.
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.
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.
Law granting rewards to customs officials faces the chop
Business, Wichit Chantanusornsiri, Published on 30/10/2025
» Thailand may have to repeal a law that grants rewards to customs officials for seizing smuggled goods in order to reduce trade barriers under the tariffs agreement with the US.