Showing 1-10 of 22 results
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Revenue Department to enforce e-payment law threshold
Business, Wichit Chantanusornsiri, Published on 25/12/2019
» Financial institutions are required to report transactions of customer accounts that hit the e-payment law's threshold by the end of March 2020, says the Revenue Department.
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Reports coming for taxes
Business, Wichit Chantanusornsiri, Published on 04/04/2018
» The Revenue Department has amended the Revenue Code to require financial institutions, specialised financial institutions and electronic payment service providers to report those who deposit or provide at least 3,000 transactions a year.
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Authorities nab fake VAT invoice gangs
Business, Wichit Chantanusornsiri, Published on 16/02/2024
» The Revenue Department is developing a data analytics system for entrepreneurs to enter the tax payment system and avoid counterfeit tax invoices, says director-general Kulaya Tantitemit.
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Debtors await clarity on student loans
Business, Wichit Chantanusornsiri, Published on 09/12/2022
» The number of borrowers repaying debt to the Student Loan Fund declined from September to November as some people chose to wait for the amended version of the law regarding lower interest rates and default fines, says fund manager Chainarong Katchapanan.
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Ministry delineates plan to fine-tune NSF
Business, Wichit Chantanusornsiri, Published on 25/04/2022
» The Finance Ministry aims to raise the monthly pension payment for freelancers who are members of the National Savings Fund (NSF) to 10,000 baht to encourage them to become fund members, says minister Arkhom Termpittayapaisith.
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Balancing act in bid to raise revenue
Business, Wichit Chantanusornsiri, Published on 17/01/2022
» The government is inching towards imposing taxes on some products and ending tax waivers to ensure fiscal stability and expand the tax base.
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Govt cracks down on Covid scammers
News, Wichit Chantanusornsiri, Published on 10/04/2021
» The Finance Ministry is seeking to prosecute 1,000 shops and individuals it claims defrauded the Kon La Krueng (Half-Half) co-payment scheme designed to help alleviate financial hardship during the Covid-19 crisis.
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SMEs given 'last chance' to cough up taxes
Business, Wichit Chantanusornsiri, Published on 28/03/2019
» The Revenue Department has given an ultimatum to small and medium-sized enterprises (SMEs), saying it is the last chance to avoid fines and a waiver of criminal liability, but demanding they register and comply with the single financial account to avoid a severe tax probe in the future.
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Customs upgrade expected to improve speed, fairness
Business, Wichit Chantanusornsiri, Published on 23/08/2017
» A new customs law coming into force in November is expected to ease the country's trade, says Customs Department director-general Kulit Sombatsiri.
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New blitz on tax evaders looms
Business, Wichit Chantanusornsiri, Published on 19/07/2017
» The Revenue Department will tighten law enforcement by filing criminal complaints against those who use fake invoices to evade tax payment and accounting firms as accomplices.
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