Showing 1 - 10 of 10
Thai private investment stabilises despite global risks
Business, Wichit Chantanusornsiri, Published on 31/03/2026
» The Fiscal Policy Office (FPO) remains concerned that the war in the Middle East and volatility in the baht exchange rate could adversely affect the Thai economy, despite imports of capital goods rising by nearly 44% in February compared with the same period last year, reflecting continued expansion in private sector investment.
Thailand mulls windfall tax on oil refineries
Business, Wichit Chantanusornsiri, Published on 28/03/2026
» The Fiscal Policy Office (FPO) has acknowledged it is studying the feasibility of introducing a windfall tax on refinery businesses in Thailand.
Office outlines expected goals for revised fiscal framework
Business, Wichit Chantanusornsiri, Published on 03/11/2025
» The revised medium-term fiscal framework should focus on strengthening revenue generation and rationalising government expenditure to reinforce fiscal credibility with ratings agencies, says the chief of the Fiscal Policy Office (FPO).
Co-payment data analytics system proves useful
Business, Wichit Chantanusornsiri, Published on 31/10/2025
» The Finance Ministry, which operates the "Khon La Khrueng Plus" co-payment scheme, has employed a data analytics system to analyse suspicious transactions and identify activities that do not comply with the programme's conditions.
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.
Bid to close profit shifting loophole
Business, Wichit Chantanusornsiri, Published on 23/04/2024
» The Revenue Department is drafting legislation to collect taxes from multinational enterprises (MNEs) to prevent profit shifting to subsidiaries in countries with lower tax bases.
Online channel tackles bogus returns
Business, Wichit Chantanusornsiri, Published on 27/02/2024
» The Revenue Department is requiring all employers to submit payroll tax returns via electronic channels to avoid counterfeit tax return forms, says director-general Vinit Visessuvanapoom.
Amendment to see overseas income taxed
Business, Wichit Chantanusornsiri, Published on 26/09/2023
» The Revenue Department recently amended its notification regarding taxation on specified foreign-sourced income by stipulating that local residents who earn overseas income will be subject to personal income tax (PIT), according to Paragraph 2 of Section 41 of the Revenue Code.
Relocation tax package to yield B6bn
Business, Wichit Chantanusornsiri, Published on 15/05/2023
» The Revenue Department expects tax measures supporting the relocation of foreign investors' production bases to attract investment of around 6 billion baht within three years, says deputy director-general Vinit Visessuvanapoom.
E-donations to be given tax cut priority
Business, Wichit Chantanusornsiri, Published on 11/04/2023
» Donations to education, sports and social development will only gain a double tax deduction if they are made via an electronic channel, said Vinit Visessuvanapoom, deputy director-general of the Revenue Department.