Showing 1 - 10 of 29
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.
Data lake to assist with fiscal policies
Business, Wichit Chantanusornsiri, Published on 20/08/2025
» The Finance Ministry's large database, also known as a data lake, is expected to help it design fiscal policies tailored to the specific needs of different regions of the country, says finance permanent secretary Lavaron Sangsnit.
Ministry prepares stimulus measures to counter tariff
Business, Wichit Chantanusornsiri, Published on 12/08/2025
» The Finance Ministry is preparing to roll out stimulus measures to offset the negative impacts of US tariffs, while also revving up its regulatory guillotine to enhance the country's competitiveness.
Influencers told to pay income tax
Business, Wichit Chantanusornsiri, Published on 02/06/2025
» Influencers are being urged to pay their taxes accurately to avoid penalties and interest on unpaid tax liabilities.
Agency urged to rev up excise tax evasion drive
Business, Wichit Chantanusornsiri, Published on 07/04/2025
» The Excise Department was instructed to expedite implementation of its zero tolerance policy for excise tax evasion, cracking down on violations of excise laws.
Task force to scrutinise imported goods
Business, Wichit Chantanusornsiri, Published on 06/02/2025
» The Customs Department has set up a special task force to inspect the standards of imported goods to prevent substandard items from flooding the local market, especially those from China.
State revenue grows 2.1% in first months of fiscal year
Business, Wichit Chantanusornsiri, Published on 19/12/2024
» The Revenue Department reported its revenue collection in the first two months of fiscal 2025 grew 2.1% year-on-year, attributed to efforts to bring individuals outside the tax system into compliance and stricter enforcement of tax evasion measures.
Tax evasion fines ‘could reach B2.5bn’
Wichit Chantanusornsiri, Published on 05/10/2024
» The Excise Department expects to collect nearly 2.5 billion baht in fines in cases involving smuggling of untaxed goods in the 2024 fiscal year that ended on Sept 30.
Navigating new foreign income rules
Business, Wichit Chantanusornsiri, Published on 27/06/2024
» Benjamin Franklin famously said in reference to the US Constitution 235 years ago that only two things are certain in this world: death and taxes.
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.