Showing 1 - 10 of 337
Top-up tax draft heads to cabinet
Business, Wichit Chantanusornsiri, Published on 04/06/2024
» Draft legislation to collect taxes from multinational enterprises (MNEs) to prevent the shifting of profit to subsidiaries located in countries with a lower tax base is scheduled to be presented to the cabinet for approval in the next two weeks, says Deputy Finance Minister Julapun Amornvivat.
Trade upgrade
Business, Wichit Chantanusornsiri, Published on 03/06/2024
» Technological change, once a gentle breeze, is now sweeping through with much greater force, raising concerns about whether these advancements will disrupt Thailand's export sector, which accounted for 54.5% of GDP last year, excluding services.
Exports must shift to cleaner production
Business, Wichit Chantanusornsiri, Published on 31/05/2024
» With the world moving towards green production, Deputy Finance Minister Paopoom Rojanasakul warns that Thailand will fall behind if the country does not shift in this direction.
Ministry readies debt restructuring measures
Business, Wichit Chantanusornsiri, Published on 29/05/2024
» The Finance Ministry looks set to implement debt restructuring measures for individuals to help increase their disposable income.
Stimulus measures on the agenda
Business, Wichit Chantanusornsiri, Published on 25/05/2024
» The first meeting of economic ministers slated for Monday will focus on discussions for new measures to stimulate the economy, says Deputy Finance Minister Julapun Amornvivat.
A lever to capture corporate tax scofflaws
Business, Wichit Chantanusornsiri, Published on 23/05/2024
» Global tax reform efforts, led by the Organisation for Economic Co-operation and Development (OECD), have been building momentum since 2021, reaching agreement on one of the two pillars of tax reform: the establishment of a global minimum tax.
Draft law aims to curtail profit shifting
Business, Wichit Chantanusornsiri, Published on 20/05/2024
» The Revenue Department expects draft legislation to collect taxes from multinational enterprises (MNEs) to prevent the shifting of profit to subsidiaries located in countries with a lower tax base to be implemented in 2025, which estimates suggest will boost tax revenue by 12 billion baht per year.
Cabinet okays 10-year EEC visa for foreigners
Business, Wichit Chantanusornsiri, Published on 15/05/2024
» The cabinet has approved a special 10-year visa for executives and experts working in the Eastern Economic Corridor (EEC) to support the development of targeted industries in the country.
Committee to promote Thai-Saudi ties
Business, Wichit Chantanusornsiri, Published on 10/05/2024
» Thailand and Saudi Arabia have agreed to establish a Joint Trade Committee (JTC) to promote trade between the two countries.
Digital wallet eligibility terms tweaked
Wichit Chantanusornsiri, Published on 08/05/2024
» The government has added a new condition for its digital wallet handout, saying recipients must not have more than 500,000 baht in their deposit accounts as of March 31.