Showing 1 - 10 of 27
Customs mulls duty hike on luxury goods
Business, Wichit Chantanusornsiri, Published on 16/02/2026
» The Customs Department is considering raising import duties on luxury goods to increase government revenue.
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.
Online vendors, influencers warned over tax compliance
Business, Wichit Chantanusornsiri, Published on 10/01/2025
» The Revenue Department issued a warning to independent business owners, particularly online vendors and influencers, to file their taxes correctly, insisting the department can leverage IT systems to monitor their tax compliance.
Exim Bank anticipates 3% export growth
Business, Wichit Chantanusornsiri, Published on 17/12/2024
» The Export-Import Bank of Thailand (Exim Bank) projects exports to grow by 3% both this year and next, marking the first time in six years that export growth has achieved this level.
Tax refunds delayed by surge in fake submissions
Business, Wichit Chantanusornsiri, Published on 27/05/2024
» The delay in personal income tax refunds this year is partly related to stricter document verification, as more fake documents were submitted to claim refunds, according to the Revenue Department.
Department promotes promising stars in lacklustre year
Business, Wichit Chantanusornsiri, Published on 18/04/2024
» The Revenue Department says there are significant challenges this year achieving tax collection targets because of the slowdown in economic activities, although it has identified five sectors that show promise.
Authorities nab fake VAT invoice gangs
Business, Wichit Chantanusornsiri, Published on 16/02/2024
» The Revenue Department is developing a data analytics system for entrepreneurs to enter the tax payment system and avoid counterfeit tax invoices, says director-general Kulaya Tantitemit.
Tapping a vast market
Business, Wichit Chantanusornsiri, Published on 12/02/2024
» The restoration of diplomatic relations between Thailand and Saudi Arabia in 2022 following a 30-year break has created new opportunities for Thailand to tap into demand for its halal products in Middle Eastern markets.
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.
VAT reverse charge scheme in the pipeline
Business, Wichit Chantanusornsiri, Published on 18/07/2023
» The Revenue Department is planning to launch a value-added tax (VAT) reverse charge scheme in the scrap metal industry to reduce the risk of refund fraud by January 2024, says director-general Lavaron Sangsnit.