Showing 1 - 4 of 4
VAT rise needs care
News, Editorial, Published on 09/12/2024
» The debate over a potential value-added tax (VAT) hike has reignited following remarks by Finance Minister Pichai Chunhavajira at a seminar, where he mentioned ongoing studies on tax reform, including VAT adjustments.
Are Trump's tariffs going to be worth it?
Oped, Pinelopi Koujianou Goldberg, Published on 03/12/2024
» US President-elect Donald Trump's promise to impose a 60% tariff on imports from China and a 10-20% tariff on all other imports has triggered a public debate about whether such policies are really so bad. After all, a tariff is a consumption tax, and most economists favour taxes on consumption over income taxes.
US' protectionist trade policies are backfiring
News, Anne O Krueger, Published on 14/10/2024
» The United States has adopted increasingly protectionist policies over the past few years, raising tariffs, revising or withdrawing from free-trade agreements, and restricting trade with countries considered strategic threats. While these measures aim to exert pressure on perceived adversaries like China, there is growing evidence that economic sanctions are at best ineffective and, at worst, counterproductive.
Adapt to new tax policy
News, Editorial, Published on 09/09/2024
» Thailand is now faced with the inevitable task of imposing a top-up tax on transnational firms operating within its borders, in compliance with the global requirements of the Global Minimum Tax (GMT). This tax policy imposes a formidable challenge for the government as it seeks to maintain the nation's competitiveness and continue attracting vital foreign direct investment (FDI).