Showing 1 - 10 of 10,000
Revenue Department targets more refunds
Business, Wichit Chantanusornsiri, Published on 06/02/2018
» The Revenue Department expects the number of individual taxpayers who receive tax refunds for the 2017 tax year will be 25% higher than 2016 at 4 million, thanks to the larger number of standard deductions and allowances and the widened income band of the 30% tax bracket and the top rate.
Revenue Department eyes AI upgrade
Business, Wichit Chantanusornsiri, Published on 09/07/2018
» The Revenue Department has outlined its plan to adopt artificial intelligence (AI) in tax management to transform the tax-collecting agency into a fully digital organisation and improve efficiency.
Revenue Department targets online vendors
Business, Wichit Chantanusornsiri, Published on 05/03/2019
» The Revenue Department aims to raise the number of individual taxpayers by 10% this year, with a focus on online vendors outside the tax system.
Revenue Department seeks more authority
Business, Wichit Chantanusornsiri, Published on 23/04/2019
» The Revenue Department must be allowed to request information from business operators to prevent avoidance of a levy on foreign-based online platform operators earning income in Thailand, says its chief.
Revenue Department pushes e-invoices
Business, Wichit Chantanusornsiri, Published on 05/06/2019
» Entrepreneurs who use e-tax invoices or e-receipts will help reduce the cost of tax compliance by five times, says the Revenue Department.
Revenue Department eyes collection gap
Business, Wichit Chantanusornsiri, Published on 18/05/2021
» The Revenue Department is concerned that its collection of corporate income tax in the fiscal year 2021 will fall short of its target as listed companies' profits last year are expected to be 40% lower than the previous year, said the department's director-general Ekniti Nitithanprapas.
Department upbeat on revenue goal
Business, Wichit Chantanusornsiri, Published on 09/02/2023
» The Revenue Department expects to meet its revenue collection target for fiscal 2023 because of the economic recovery, says director-general Lavaron Sangsnit.
Revenue Department denies VAT hike plan
Online Reporters, Published on 27/05/2018
» The Revenue Department says reports on social media that it plans to increase value-added tax (VAT) to 9% in the next fiscal year are fake news.
Ex-Revenue Department chief refused bail
Online Reporters, Published on 23/08/2021
» Former Revenue Department director-general Satit Rungkasiri, last week sentenced to life imprisonment over a value-added tax refund scam, was denied bail ahead of his appeal on Monday.
Revenue Department to use blockchain for probes
Business, Wichit Chantanusornsiri, Published on 05/11/2018
» The Revenue Department plans to adopt blockchain and machine learning for tax avoidance probes, says the department chief.