Showing 41 - 50 of 56
FPO: Growth risks waning, prospects up
Business, Wichit Chantanusornsiri, Published on 05/06/2018
» Risks to economic growth, including oil prices and a potential global trade war have subsided, making the Fiscal Policy Office (FPO) optimistic for this year.
Alibaba urges higher import duty exemption
Business, Wichit Chantanusornsiri, Published on 23/04/2018
» Jack Ma's flagship unit Alibaba has asked the Thai government to raise the maximum 1,500-baht import duty exemption in a push that could boost the country's demand for imported goods and cut customs officials' workload.
Online sellers accused of sidestepping taxes
Business, Wichit Chantanusornsiri, Published on 26/03/2018
» Some merchants are exploiting the online distribution channel to avoid tax payment even though they have physical shops, says a source at the Revenue Department.
E-business tax primed for scrutiny
Business, Wichit Chantanusornsiri, Published on 07/03/2018
» A draft bill on e-business tax, a levy on online purchases, advertisements and website rent in Thailand earned by operators with a presence outside the country, will go before the cabinet this month.
Govt boasts of an end to poverty through e-cards
Wichit Chantanusornsiri, Published on 12/02/2018
» Measures introduced by the government will lift more than 5 million registered poor people above the poverty line, according to a senior Finance Ministry official.
State agencies to adopt cashless systems
Business, Wichit Chantanusornsiri, Published on 03/02/2018
» All state agencies will be required to make and receive payments through the electronic system from March 27, a crucial step in transforming Thailand into a less cash-reliant economy.
New levy to push burden on providers
Business, Wichit Chantanusornsiri, Published on 23/01/2018
» The e-business tax, a levy on any online transaction that takes place in Thailand regardless of the e-commerce operator's presence, will require overseas digital platform service providers to take responsibility in remitting value-added tax (VAT) to the Revenue Department.
E-business tax targeted to fill coffers
Business, Wichit Chantanusornsiri, Published on 08/01/2018
» The Revenue Department estimates its annual tax revenue growth will triple to 15% after the e-business tax, a levy on any online transaction that takes place in Thailand regardless of the e-commerce operator's location, comes into force.
Tax reform comes in dribs and drabs
Business, Wichit Chantanusornsiri, Published on 03/01/2018
» Tax reform has been high on the government's to-do list since Gen Prayut Chan-o-cha took the helm in 2014 with a goal of creating a tax base that provides sustainable revenue for the country on a long-term basis.
Team to monitor e-tailers for tax
Business, Wichit Chantanusornsiri, Published on 09/12/2017
» The Revenue Department has set up an online business team to support e-commerce tax collection and ensure fairness in the tax system.