Showing 1-10 of 88 results
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Land and building tax discount in effect for 2022
Business, Wichit Chantanusornsiri, Published on 04/04/2022
» The land and building tax is still offering a payment discount this year according to the law passed to ease the burden on landowners, says Finance Minister Arkhom Termpittayapaisith.
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Provident fund contribution delay continues
Business, Wichit Chantanusornsiri, Published on 12/01/2021
» The Finance Ministry has allowed employers and employees to extend halting or delaying provident fund contributions for another six months amid the recent Covid-19 outbreak in Thailand.
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Govt accord set to tackle tax evasion
News, Wichit Chantanusornsiri, Published on 15/06/2020
» The Revenue Department has signed an agreement on mutual tax cooperation with 160 countries -- a move that will enable Thailand to tackle tax evasion by foreign e-service providers.
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Lengthy delay for new property tax
Business, Wichit Chantanusornsiri, Published on 02/07/2018
» The land and buildings tax set for Jan 1, 2019 is likely to be enforced behind schedule because of the time-consuming approval process, says an informed source at the Finance Ministry.
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Apisak securing draft law for business ease
Business, Wichit Chantanusornsiri, Published on 24/10/2018
» Even as the general election nears, Prime Minister Prayut Chan-o-cha is pushing the Finance Ministry to complete a new draft Secured Transactions Act to facilitate business operations and raise the country's ranking in the World Bank's Ease of Doing Business list.
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Ministries assess land and building tax
Business, Wichit Chantanusornsiri, Published on 16/10/2023
» The Finance and Interior ministries are jointly assessing problems and obstacles related to the enforcement of the 2019 Land and Building Tax Act, says Fiscal Policy Office director-general Pornchai Thiraveja.
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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.
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Overseas earnings targeted
Business, Wichit Chantanusornsiri, Published on 19/09/2023
» The Revenue Department has ruled that a person who resides in Thailand for up to 180 days a year and earns overseas income from work or assets will be subject to personal income tax, according to Section 48 of the Revenue Code.
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Banking transparency law set for 2024
Business, Wichit Chantanusornsiri, Published on 06/03/2023
» A law governing the exchange of information about people's deposit accounts among signatory countries is expected to come into force next year, says Revenue Department director-general Lavaron Sangsnit.
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Arkhom defends imposition of tax on SET share sales
Business, Wichit Chantanusornsiri, Published on 03/12/2022
» The end of the waiver of the financial transaction tax will not affect stock trading, but should ensure fairness in the tax system, according to Finance Minister Arkhom Termpittayapaisith.
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