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IMF urges Japan to avoid consumption tax cut
IMF urges Japan to avoid consumption tax cut
WEDNESDAY, FEBRUARY 18, 2026
The International Monetary Fund on Wednesday (February 18) urged Japan to avoid cutting the consumption tax, as such a move would increase fiscal risks.Japan ruling coalition divided over consumption tax cut
Japan ruling coalition divided over consumption tax cut
SATURDAY, APRIL 12, 2025
Japan's ruling coalition is increasingly divided over economic measures to deal with inflation and US President Donald Trump's tariff policy.Thailand extends 50% tax cut for entertainment venues to Dec 31, 2025
Thailand extends 50% tax cut for entertainment venues to Dec 31, 2025
TUESDAY, DECEMBER 24, 2024
Part of the ‘Amazing Thailand Grand Tourism Year 2025’ campaign, the measure aims to boost tourism, create jobs and support local economiesGovernment can adopt more reforms to make Thailand a tourism hub, following tax cuts for some alcohol
Government can adopt more reforms to make Thailand a tourism hub, following tax cuts for some alcohol
THURSDAY, APRIL 04, 2024
Bangkok, Thailand, 7 March 2024 – The Thai government can pursue broader measures to achieve its goal of making Thailand a tourism hub by 2030, following the recent tax cuts on wine and community liquors, say industry observers.Cabinet endorses Finance Ministry’s decision not to extend diesel excise cut
Cabinet endorses Finance Ministry’s decision not to extend diesel excise cut
TUESDAY, JULY 11, 2023
The caretaker Cabinet on Tuesday endorsed a decision of the Finance Ministry not to extend the 5-baht cut on diesel oil excise, which expires on July 20, a government official said.Prayut pushes for another diesel tax cut extension as expiry date nears
Prayut pushes for another diesel tax cut extension as expiry date nears
TUESDAY, JUNE 13, 2023
Caretaker Prime Minister Prayut Chan-o-cha has ordered the Finance Ministry and other relevant agencies to finalise preparations for extending the diesel tax cut, which is due to expire on July 20.Too early to say if diesel tax cut will continue: Finance Ministry
Too early to say if diesel tax cut will continue: Finance Ministry
TUESDAY, MAY 30, 2023
The Finance Ministry has declined to say whether the diesel tax cut, which is due to expire on July 20, will be extended, triggering uncertainty about the continuation of measures to mitigate the cost of living.Prayut dealing with dilemma of diesel tax cut, which ends on July 20
Prayut dealing with dilemma of diesel tax cut, which ends on July 20
MONDAY, MAY 29, 2023
The director-general of the Excise Department, has said that the next government would have to decide on whether to continue with the diesel tax cut, as the state has lost about 158 billion baht in diesel tax revenue during the seven consecutive periods of tax cuts.Tax chief says new govt may not be set up in time to extend diesel tax cut
Tax chief says new govt may not be set up in time to extend diesel tax cut
SUNDAY, MAY 28, 2023
The chief of the Excise Department said on Sunday that the next government may not take office in time to decide whether or not to extend the diesel-fuel tax cut.Drinkers look forward to enjoying Dubai's 30% tax cut on alcohol
Drinkers look forward to enjoying Dubai's 30% tax cut on alcohol
TUESDAY, JANUARY 10, 2023
Manager Richard Cowling expressed a sense of relief as customers flocked to his rooftop bar to enjoy Dubai's winter sunset over the Gulf and a 30% tax break on alcohol sales that the government announced last week.