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Search Result for “false VAT refunds”

Showing 1 - 10 of 211

BUSINESS

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.

BUSINESS

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.

BUSINESS

Whither populism?

Business, Wichit Chantanusornsiri, Published on 16/01/2026

» Compared with the previous election, when some parties promised to distribute hundreds of billions of baht in cash and others pledged infrastructure projects worth trillions, the level of populism in campaign pledges during this election appears to have declined, which academics see as a positive development.

BUSINESS

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.

BUSINESS

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.

BUSINESS

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.

BUSINESS

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.

BUSINESS

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.

THAILAND

Council of State spikes lottery partial-refund hopes

News, Wichit Chantanusornsiri, Published on 08/12/2025

» The Council of State (CoS) has advised against a proposal to offer partial refunds to buyers of digital lottery tickets who do not win prizes because the plan was deemed to exceed the authority of the Government Lottery Office (GLO), says a top finance official.

BUSINESS

B327bn aid for SMEs approved

News, Wichit Chantanusornsiri, Published on 03/12/2025

» The cabinet has approved a support package worth more than 300 billion baht for small and medium-sized enterprises (SMEs) to boost liquidity and credit access.