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BUSINESS

Taxes on salt and fat considered

Wichit Chantanusornsiri, Published on 05/11/2024

» The Ministry of Finance is studying the feasibility of imposing taxes on products containing salt and fat as a preventive health measure.

BUSINESS

Department plans to study a sodium tax

Business, Wichit Chantanusornsiri, Published on 15/08/2023

» The Excise Department is planning a study of sodium tax collection measures after the success of the "sweet tax" on sugar-sweetened beverages implemented in 2017 to shift consumer and industry behaviour towards making healthier choices, says director-general Ekniti Nitithanprapas.

BUSINESS

Excise tax on salty foods proposed

Business, Wichit Chantanusornsiri, Published on 27/11/2021

» The government is inching towards the introduction of an excise tax on salty, processed foods, says Finance Minister Arkhom Termpittayapaisith.

BUSINESS

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.

BUSINESS

Salt tax aims to change behaviour

Business, Wichit Chantanusornsiri, Published on 21/10/2019

» Instant noodles, snacks and seasoning powder have been targeted for taxation on salty foods, with the Excise Department likely to apply World Health Organisation (WHO) guidance on dietary sodium intake capped at 2,000 milligrammes per day as a benchmark to determine the levy rates.

BUSINESS

Analyst favours widening taxable income bands

Business, Wichit Chantanusornsiri, Published on 03/10/2019

» Widening taxable income bands for middle-income earners could be an appropriate means to alleviate the tax burden for this group, stemming criticism that the government's personal income tax reform will favour high-income earners, says a tax analyst.

OPINION

Salt, sugar, grey hair a perfect health storm

News, Wichit Chantanusornsiri, Published on 15/11/2018

» A changing diet in past decades has seen Thai people grow accustomed to consuming too much sugar and salt, negatively impacting their health. This has led to more cases of non-communicable diseases (NCD), heart problems, high-blood pressure and diabetes in state hospitals, which is placing a heavy burden on government spending.

BUSINESS

Excise wants levy on salty, fatty ingredients

Business, Wichit Chantanusornsiri, Published on 09/11/2018

» The Excise Department plans to tax ingredients that are sources of salt as part of efforts to impose levies against products that are harmful to health, its chief says.

BUSINESS

FPO pushing bill on private trusts

Business, Wichit Chantanusornsiri, Published on 21/05/2018

» The Fiscal Policy Office (FPO) is pushing a draft bill on using private trusts as a tool for the affluent to manage their wealth and prevent them from transferring assets overseas, says a source at the Finance Ministry.