Showing 1 - 10 of 167
Tax reform comes in dribs and drabs
Business, Wichit Chantanusornsiri, Published on 03/01/2018
» Tax reform has been high on the government's to-do list since Gen Prayut Chan-o-cha took the helm in 2014 with a goal of creating a tax base that provides sustainable revenue for the country on a long-term basis.
SEZ lease bids aim to reap over B6bn
Business, Wichit Chantanusornsiri, Published on 10/01/2018
» The Treasury Department is expected to fetch at least 6 billion baht for the government's coffers from auctions of state land to be developed into special economic zones (SEZ) in Tak, Nakhon Phanom and Kanchanaburi provinces under 50-year lease contracts.
Thailand seeking to crack World Bank top 20 ranking
Business, Wichit Chantanusornsiri, Published on 16/01/2018
» Thailand could crack the top 20 of the World Bank's Ease of Doing Business ranking for 2019 after it managed to jump to 26th-most business-friendly nation in the 2018 ranking, says Prime Minister Office Minister Kobsak Pootrakool.
Low-cost home plan outlined
Business, Wichit Chantanusornsiri, Published on 18/01/2018
» The Treasury Department plans to roll out 2,000 units under the low-cost housing project this year in an effort to help low-income earners own their own homes.
Minimum wage deduction set to rise
Business, Wichit Chantanusornsiri, Published on 26/01/2018
» The Finance Ministry will soon seek cabinet approval to temporarily raise tax-deductible expenses for the minimum wage paid to employees to 1.15 times from 1 at present, an adjustment that can absorb employment costs of 9-10 baht a day per employee if it wins the nod, says Finance Minister Apisak Tantovorawong.
Agriculture Ministry to define farmland use for tax
Business, Wichit Chantanusornsiri, Published on 29/01/2018
» The Agriculture and Cooperatives Ministry is expected to take charge of outlining criteria for farmland use to prevent owners of undeveloped land from claiming agricultural purposes to understate their tax bills when the new land and buildings tax is enforced.
Yingluck's kin run rent risk on her house
News, Wichit Chantanusornsiri, Published on 02/02/2018
» Yingluck Shinawatra's husband and son may have to seek permission or pay rent if they want to remain in a recently seized house thought to be owned by the fugitive former PM, Deputy Prime Minister Wissanu Krea-ngam said on Thursday.
Ministry aims to buoy 5.3m in poverty
Business, Wichit Chantanusornsiri, Published on 13/02/2018
» The Finance Ministry wants to help all 5.3 million people living below the 30,000-baht-per-year poverty line to cross the threshold by next year, says Somchai Sujjapongse, permanent secretary for finance.
5% cap proposed in windfall tax bill
Wichit Chantanusornsiri, Published on 19/02/2018
» The new windfall tax will likely be capped at 5% of the increases in land valuations before and after a state project is built in an area, according to a tax official.
FPO declares landlords can lock in windfall tax exemption
Business, Wichit Chantanusornsiri, Published on 20/02/2018
» Landlords who lock in bumper profits from selling land near transport infrastructure projects can be exempt from the land windfall tax if they buy and sell the same plot during the same four-year implementation period of the Treasury Department’s land appraisal prices, says a tax expert at the Fiscal Policy Office (FPO).