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Finance signals no excise tax cut as oil fund remains main diesel shield
Finance signals no excise tax cut as oil fund remains main diesel shield
WEDNESDAY, APRIL 01, 2026
Finance Ministry is leaning on the Oil Fuel Fund, not excise tax cuts, to cushion diesel prices amid energy turmoil and fiscal concernsThailand runs a digital-services deficit of over US$6 billion a year, yet collects no tax on digital services
Thailand runs a digital-services deficit of over US$6 billion a year, yet collects no tax on digital services
FRIDAY, OCTOBER 31, 2025
Thailand suffers more than US$6 billion annual deficit in digital-services trade with the US but chooses not to tax digital services from US platformsTourism tax to be introduced during upcoming high season
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.First two months of fiscal 2025 sees a big boost in revenue
First two months of fiscal 2025 sees a big boost in revenue
WEDNESDAY, DECEMBER 18, 2024
Data analysis helps tax collection exceed estimates by THB2.6 billionUnpopular tourist tax further postponed ‘until industry recovers’
Unpopular tourist tax further postponed ‘until industry recovers’
THURSDAY, DECEMBER 21, 2023
The Ministry of Tourism and Sports has postponed collecting the controversial tourist tax for fear that Thailand’s tourism industry could be affected.Revenue Dept exceeds collection target in first 2 months of fiscal 2023
Revenue Dept exceeds collection target in first 2 months of fiscal 2023
MONDAY, DECEMBER 12, 2022
The Revenue Department is on course to meet its revenue collection target of 2.2 trillion baht in fiscal 2023, up 3.75% from last year, its director-general Lavaron Sangsnit said.Government revenue exceeds target, pointing to economic expansion
Government revenue exceeds target, pointing to economic expansion
THURSDAY, SEPTEMBER 22, 2022
Revenue collection in 11 months of fiscal year 2022 has exceeded the government's target by 117 billion baht, or 5.5 per cent, the Finance Ministry said on Thursday.Govt earnings rise 7.5% over 9 months of 2022 fiscal year
Govt earnings rise 7.5% over 9 months of 2022 fiscal year
SATURDAY, JULY 30, 2022
The government has collected 1.87 trillion baht in revenue in the first nine months of the 2022 fiscal year (October 2021 to June 2022), marking a 7.5 per cent increase year on year.Revenue Dept sees higher tax collection than expected
Revenue Dept sees higher tax collection than expected
WEDNESDAY, MARCH 09, 2022
The Revenue Department collected 700 billion baht in tax, 85 billion baht more than the estimated 615 billion, in the first five months of fiscal year 2022 (October 2021 to February 2021), it reported on Tuesday.Govt misses its tax revenue target by 11.5% in 2021 fiscal year
Govt misses its tax revenue target by 11.5% in 2021 fiscal year
SATURDAY, OCTOBER 30, 2021
Taxes collected during the 2021 fiscal year, which ended on September, have fallen short of the target by 11.5 per cent, the Fiscal Policy Office (FPO) reported on Friday.