Central Embassy Bangkok

Central Embassy Luxury Shopping Mall in Bangkok. Photo: Max Pixel.

PM’s Office Spokesperson affirms government not raising VAT

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

Share this article

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.

Leave a Reply

By using the site you agree and accept the terms of this Privacy and Cookies Policy. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.