Showing 71 - 80 of 121
Government must tread carefully with cash-injection scheme
News, Wichit Chantanusornsiri, Published on 03/09/2015
» By launching the emergency economic stimulus package which targets low-income people both in the city and upcountry, the government has sent out a clear message: "There is no need to worry about economic stagnation".
VAT refund scam reveals loopholes in tax law
News, Wichit Chantanusornsiri, Published on 02/07/2015
» Despite making progress in its probe into a value-added tax refund scam which caused the loss of 4.3 billion baht in state income in 2012-2013, the Revenue Department has still not been able to get back a single baht from the perpetrators.
Transparency key in reshaping state enterprises
News, Wichit Chantanusornsiri, Published on 23/07/2015
» Few, if any, would question a government plan to reform state enterprises, or improve their performance.
Sommai says Finance Ministry is plugging loopholes
News, Wichit Chantanusornsiri, Published on 21/05/2015
» The harsh punishment imposed on a senior tax officer involved in a value-added tax refund scam indicates how determined Finance Minister Sommai Phasee is in his push for the country’s tax reform to close a loophole that has caused tremendous loss of income to the country.
Citizens shoulder burden of vast state debt
News, Wichit Chantanusornsiri, Published on 11/06/2015
» Bad policies formulated by previous governments including the previous government's rice scheme have left the country in financial trouble, owing some 720 billion baht.
Land, buildings tax delay jeopardises fiscal health
News, Wichit Chantanusornsiri, Published on 09/04/2015
» Public uproar forced the Prayut Chan-o-cha government to put its controversial land and buildings tax on hold. But without new sources of tax revenue, the country's fiscal health is facing serious risks.
Indirect corruption robs quality of life
Oped, Wichit Chantanusornsiri, Published on 30/04/2015
» If the Thai economy can be likened to an aeroplane, it is flying with some engines in trouble.
The ‘patient’ isn’t terminal but needs strong medicine
News, Wichit Chantanusornsiri, Published on 05/06/2014
» Before the coup on May 22, Thailand could be compared to a person suffering from painful indigestion, bloated with gas from months of internal conflict between parties intellectually and emotionally divided. It seemed only a matter of time before something gave way.
A pressing area for reform is a taxing one
News, Wichit Chantanusornsiri, Published on 26/06/2014
» Will we finally see a reckoning over what is right and wrong? The National Council for Peace and Order wants us to believe so. Among the flurry of recent orders and policy reviews was a directive to the Finance Ministry to submit a comprehensive plan for tax reform by next month.
Evading taxes shortchanges the nation's potential
News, Wichit Chantanusornsiri, Published on 24/04/2014
» Boosting the tax base has been on the horizon of policymakers for years. After all, only 10 million people file tax returns out of a population of 67 million. Simple maths suggests that whether out of ignorance or intention, there are plenty who simply are not meeting their civic duties.