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VAT rise needs care
News, Editorial, Published on 09/12/2024
» The debate over a potential value-added tax (VAT) hike has reignited following remarks by Finance Minister Pichai Chunhavajira at a seminar, where he mentioned ongoing studies on tax reform, including VAT adjustments.
Adapt to new tax policy
News, Editorial, Published on 09/09/2024
» Thailand is now faced with the inevitable task of imposing a top-up tax on transnational firms operating within its borders, in compliance with the global requirements of the Global Minimum Tax (GMT). This tax policy imposes a formidable challenge for the government as it seeks to maintain the nation's competitiveness and continue attracting vital foreign direct investment (FDI).