Bangkok: Land and Buildings Tax Approved At long last, Bangkok’s land and buildings tax that had won the cabinet’s approval is believed to be the driving force that will help generate above 64 billion THB for government coffers next year, when it is put into motion. According to Apisak Tantivorawong, Thailand’s Finance Minister, 50 million THB is expected to arrive…
Thailand To Share Taxpayer Data Thailand’s Finance Ministry has plans to fix the Revenue Code in order to allow the Thailand Revenue Department personnel to expose taxpayers’ information in front of agencies from other states to facilitate the enforcement of e-tax. The disclosure that follows Section 10 amendment of the Revenue Code plans to help in tax collection, said…
Thailand Excise Department To Double Revenue By 2027 The Thailand Excise Department is analyzing a strategy to implement higher taxes on alcohol, fuel, tobacco, beer and telecommunication services, aiming to double its revenue to the sound of 1 trillion THB by the year 2027. Taking these changes into account, the revenue of the tax-collecting agency is projected to reach 829…
