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Interest rates excessive, says incoming Bank of Thailand chair
FRIDAY, DECEMBER 20, 2024
Kittiratt tells seminar that while he respects Monetary Policy Committee’s decision to maintain interest rates, further explanation is warranted
Pichai rules out VAT hike to 15%, considers product-based tax reform
FRIDAY, DECEMBER 13, 2024
Finance Ministry ‘exploring ways to modernise tax structure’
Thai authorities ramp up efforts against illegal imports, businesses
TUESDAY, DECEMBER 10, 2024
Measures like stricter VAT collection, enhanced product testing and regulatory reforms have already reduced illegal imports by 27%
No plans to increase VAT to 15%, Paetongtarn assures citizens
FRIDAY, DECEMBER 06, 2024
PM says reform of tax structure being studied, promises ‘fair approach to reduce inequality’
TDRI offers govt advice on restructuring taxes without hurting poor
FRIDAY, DECEMBER 06, 2024
In response to the finance minister’s proposal, the institute advises increasing VAT slowly, refining personal income tax rates and reducing BOI benefits
VAT increase, flat income tax rate will only burden poor: UNTP MP
THURSDAY, DECEMBER 05, 2024
Coalition MP argues that these measures will disproportionately affect low-income earners, raising living costs and reducing purchasing power
Thai govt mulls VAT increase as part of tax reform plans
WEDNESDAY, DECEMBER 04, 2024
Finance minister reckons increasing VAT from current 7% rate will boost revenue and address the income inequality problem
Cabinet extends VAT on low-cost imports until end of 2025
TUESDAY, DECEMBER 03, 2024
The imposition of VAT on imported goods priced under 1,500 will be extended by a year to support local SMEs and allow time to develop linked online tax platforms
Chinese goods flood northeastern checkpoints
SATURDAY, NOVEMBER 02, 2024
VAT collection reaches 450 million baht in 3 months, Customs Department reports
Measures needed to stimulate foreign tourist spending
TUESDAY, OCTOBER 01, 2024
Tourism and Sports Ministry proposes that the Japanese system of allowing foreign shoppers to obtain VAT refunds in all shops be adopted
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