PM’s Office Spokesperson affirms government not raising VAT

Estimated read time 1 min read

BANGKOK, 10 March 2017 (NNT) – The Prime Minister’s Office spokesperson has clarified that the government is not preparing to increase the nation’s Value Added Tax (VAT) rate by 1 percent as being publicized.

Prime Minister’s Office Spokesperson Lt Gen Sansern Kaewkamnerd has refuted claims the administration has prepared to raise VAT by 1 percent, saying that the story being presented by the media is likely a misunderstanding of the Prime Minister’s intent. He clarified that the remark that sparked the story was in response to questions from the public on how the government will meet their demands, to which the Prime Minister noted funding for all state projects cannot come from taxation alone and sacrifices, such as an increase of VAT, would be needed.

Full story: NNT

Reporter: Itiporn Lakarnchua


The main purpose of Thailand News is to offer our readers all news from the most popular and trusted newspapers in Thailand & Asia in one place.

Get breaking news and the latest news headlines from Bangkok, Phuket, Pattaya, Chiang Mai, Northern Thailand, Isan, the insurgency-plagued South and Asia.

More From Author

+ There are no comments

Add yours

Leave a Reply