Showing 1-10 of 15 results
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Revenue to launch AI to scrutinise taxes
Business, Wichit Chantanusornsiri, Published on 13/03/2023
» The Revenue Department is using artificial intelligence (AI) to examine tax payments, enabling deeper scrutiny and preventing tax evasion, says director-general Lavaron Sangsnit.
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PDMO preps B21bn bonds
Business, Wichit Chantanusornsiri, Published on 12/08/2022
» The Public Debt Management Office (PDMO) will offer the final batch of government savings bonds worth 21 billion baht later this month, of which 20 billion baht's worth will be offered on a "small lot first" basis to provide an opportunity to as many individual investors as possible to snap up the bonds, said director-general Patricia Mongkhonvanit.
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Foreign websites to pay VAT
Business, Wichit Chantanusornsiri, Published on 26/07/2021
» Around 20 large overseas online platform operators plan to register as value-added tax (VAT) payers in Thailand, says Ekniti Nitithanprapas, director-general of the Revenue Department.
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Foreign e-service firms liable for VAT
Business, Wichit Chantanusornsiri, Published on 13/02/2021
» Starting on Sept 1, overseas businesses providing online services in Thailand will be required to register for the 7% value-added tax (VAT) liability if their annual income exceeds 1.8 million baht, according to a Revenue Department official.
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1.9m sign up for domestic travel perk
Business, Wichit Chantanusornsiri, Published on 16/07/2020
» More than 1.9 million people signed up for the "We travel together" tourism stimulus package as of 6pm on the first day of registration, a scheme devised to promote local travel as the industry has been battered by the pandemic.
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E-business tax bill on the cards for next year
Business, Wichit Chantanusornsiri, Published on 20/12/2019
» A draft bill on e-business tax, a levy on foreign-based online platform operators earning income in Thailand, is expected to be enforced next year, says the Revenue Department's head.
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BAAC targets B1bn via online farm platform sales
Business, Wichit Chantanusornsiri, Published on 22/06/2019
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) aims for 1 billion baht in sales over the next five years from an e-commerce platform designed as an online distribution channel for farmers.
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NSF aspires to draw 2m
Business, Wichit Chantanusornsiri, Published on 26/04/2019
» Permanent finance secretary Prasong Poontaneat wants 2 million people in the National Savings Fund (NSF) in the near future following campaigns to lure new members.
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Web scraping a new tool in revenue hunt
Business, Wichit Chantanusornsiri, Published on 03/01/2019
» The Revenue Department plans to launch a trial run of web scraping, a technique used for extracting data from websites, in order to prevent tax avoidance by pure-online vendors.
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Customs floats luxury car tax cut
Business, Wichit Chantanusornsiri, Published on 30/01/2018
» The Customs Department has already proposed lowering the import duty on luxury cars from the current rate of 80% of cost, insurance and freight (CIF) to the Finance Ministry, says an informed source at the department.
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