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
Thai draft ready for levying 15% global minimum tax on large multinationals
SATURDAY, MARCH 02, 2024
The Revenue Department will propose to the Cabinet a draft act within the first half of 2024 on imposing global minimum tax (GMT) at 15% on large multinational enterprises.
Tax waiver for foreign actors in Thailand gets final stamp of approval
TUESDAY, OCTOBER 18, 2022
The Cabinet on Tuesday gave its final stamp of approval to waive the 10 per cent personal income tax foreign actors are required to pay while shooting in Thailand.
Expect to pay less income tax, says new finance minister
WEDNESDAY, JULY 17, 2019
The new finance minister is likely to bring down the rate of personal income tax, and has said that his party will discuss the implementation of tax cuts with coalition parties.
Around 2 million people were expected to benefit from the personal income tax restructuring if those with taxable income below Bt150,000 were waived from taxation, said an economist from Maybank Kim Eng.