Showing 1 - 10 of 16
Fake Thai exports face fresh crackdown
Business, Wichit Chantanusornsiri, Published on 06/03/2026
» Thailand faces closer scrutiny over products falsely claiming "Made in Thailand" status that are exported to the US, following a surge in Thai exports to the American market over the past year.
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.
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.
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.
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.
Banking on technology
Business, Wichit Chantanusornsiri, Published on 01/11/2021
» State agencies and state-run banks have been harnessing technology to enhance their performance, ranging from analysing suspicious tax evasion cases to facilitating bank customers conducting a live chat to request a loan.
Ministry setting up cash for 2m disabled
Business, Wichit Chantanusornsiri, Published on 25/04/2020
» The Finance Ministry is seeking a lifeline for the 2 million disabled and underprivileged people who are adversely affected by the coronavirus outbreak, says finance permanent secretary Prasong Poontaneat.
Trying to get taxes right, many SMEs miss criteria
Business, Wichit Chantanusornsiri, Published on 22/01/2020
» A mere 30% of 79,000 small and medium-sized enterprises (SMEs) that sought to correct their financial statements to comply with the single financial account scheme have met the Revenue Department's criteria.
High-income goal needs a reality check
News, Wichit Chantanusornsiri, Published on 31/10/2019
» Thailand "will become a high-income country by 2036", said Prime Minister Prayut Chan-o-cha, as he spoke of his "Vision 2036" at the 74th Session of the United Nations General Assembly in New York last month.
Finance Ministry takes regional approach
Business, Wichit Chantanusornsiri, Published on 24/08/2019
» Finance Minister Uttama Savanayana has instructed the ministry to tailor solutions for each portion of the country to solve poverty and income inequality.