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Thailand’s revenue surplus tops 10 billion baht despite tax shortfall
MONDAY, MARCH 03, 2025
The surplus was driven by strong VAT collection and bond sales, even though collections of excise and customs taxes were lower than projected
Japan to raise tourist tax to tackle overtourism
FRIDAY, FEBRUARY 28, 2025
Japan's government is considering raising the ¥1,000 International Tourist Tax, charged as a departure tax. The plan includes expanding its use to address overtourism, a growing issue in many areas due to the rapid rise in foreign visitors.
Tourism tax to be introduced during upcoming high season
THURSDAY, FEBRUARY 27, 2025
The tourism tax of 300 baht a person will come into force for foreign tourists by the end of this year, Tourism and Sports Minister Sorawong Thienthong said on Thursday.
Thailand's Fiscal Position Strengthens as Revenue Exceeds Expectations
MONDAY, FEBRUARY 24, 2025
Increased VAT collection and other factors contribute to positive financial results
Pichai: Now is not the time to raise public debt ceiling
MONDAY, FEBRUARY 10, 2025
Finance Minister Pichai Chunhavajira says raising the public debt ceiling is not yet necessary, stressing it would be a last resort. He emphasised improving budget management and tax collection as priorities before considering any increase in debt levels.
Thailand reviews anti-dumping tax on Vietnamese steel
THURSDAY, FEBRUARY 06, 2025
TRAV recommended that the Vietnam Steel Association (VSA) notify relevant local manufacturers and exporters to answer the investigation questionnaire within the prescribed deadline.
Global Minimum Tax (GMT) is coming to town.
FRIDAY, JANUARY 17, 2025
The Global Minimum Tax (GMT) represents a significant reform in international taxation under the framework of the Organization for Economic Co-operation and Development (OECD).
Paetongtarn denies disguising assets as a 4.4 billion baht debt
MONDAY, JANUARY 13, 2025
The prime minister also dismissed concerns about a complaint filed against her husband about a 12.77 million baht loan to a company
Finance Ministry sets up panel to study Negative Income Tax system
SUNDAY, JANUARY 12, 2025
Restructuring tax base and revamping state welfare system on the agenda
Thailand to impose top-up tax from January 1
FRIDAY, DECEMBER 27, 2024
Under the new rule, multinationals stationed in Thailand will have to make up the difference in the corporate tax they pay to 15%
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