Four parties propose tax reform plans to tackle Thailand's low taxpayer base
FRIDAY, JANUARY 30, 2026
Thailand's political parties present their proposals for tax reform, aiming to address the country’s low taxpayer base and create a sustainable economic future. From improving SME support to digital economy taxation, here's what each party plans.
A senior Finance Ministry source revealed that government revenue collection for the 2025 fiscal year is likely to fall short of the 2.88 trillion baht target set in the budget documents by tens of billions of baht.
New top-up tax to affect 1,200 multinational corporations
FRIDAY, JANUARY 17, 2025
A new top-up tax is expected to impact 1,200 multinational corporations, but it would generate revenue of 12 billion baht in June 2027 for the public sector, a senior official said.
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