Showing 1 - 10 of 10
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.
Revenue to launch AI to scrutinise taxes
Business, Wichit Chantanusornsiri, Published on 13/03/2023
» The Revenue Department is using artificial intelligence (AI) to examine tax payments, enabling deeper scrutiny and preventing tax evasion, says director-general Lavaron Sangsnit.
Retailers accused of subsidy scheme breach
Business, Wichit Chantanusornsiri, Published on 05/11/2020
» The Finance Ministry has submitted information to the Economic Crime Suppression Division (ECD) for an investigation into three stores that could be in breach of the government's co-payment scheme conditions.
Tax operations tweaked for new world order
Business, Wichit Chantanusornsiri, Published on 31/10/2020
» The Revenue Department, responsible for tax collection under the Finance Ministry, is adjusting its operations to prevent digital disruption as technology and innovation penetrate the business world, director-general Ekniti Nitithanprapas told the Bangkok Post in an exclusive interview.
4 parties apply e-withholding tax system
Business, Wichit Chantanusornsiri, Published on 28/10/2020
» The Revenue Department has cooperated with 11 financial institutions to implement an e-withholding tax system to reduce inconveniences when filing tax documents.
Customs eager to extend pre-arrival processing
Business, Wichit Chantanusornsiri, Published on 28/08/2019
» The Customs Department intends to extend Pre-Arrival Processing (PAP) service, which transmits customs declarations and import documents to customs authorities electronically before the goods arrive in the destination country for cross-border land transport.
Revenue Department pushes e-invoices
Business, Wichit Chantanusornsiri, Published on 05/06/2019
» Entrepreneurs who use e-tax invoices or e-receipts will help reduce the cost of tax compliance by five times, says the Revenue Department.
Technology to assist in Revenue fetching B2tn
Business, Wichit Chantanusornsiri, Published on 30/11/2018
» The Revenue Department expects to reach its tax revenue collection target of 2 trillion baht this fiscal year after adopting technology that helped it surpass its October target.
AI makeover set for taxes
Business, Wichit Chantanusornsiri, Published on 02/06/2018
» The Revenue Department is taking aim at transforming into a fully digital organisation by 2020 and adopting artificial intelligence (AI) to curb tax evasion by the same year, its chief says.