Tags : Tax

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Thailand Plans to Reopen for Foreigners, Adopt Tourist Tax for

BANGKOK (Sputnik) – Thailand intends to gradually open the country to foreign tourists and introduce a tourist tax from 2022, the Khaosod newspaper reported on Friday, citing authorities. Earlier in the day, Bangkok hosted a second meeting this year of the state commission for the development of tourism policy, chaired by Tourism Minister Phiphat Ratchakitprakarn […]Read More

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VAT refund for tourists hiked to B30,000

The Revenue Department is set to raise the ceiling for value-added tax (VAT) refunds for tourists at downtown agents to 30,000 baht per traveller from 12,000 baht at present. The tax-collecting agency plans to expand cash payment services for VAT refunds to tourists at 10 international airports nationwide instead of just Suvarnabhumi and Don Mueang […]Read More

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Cabinet approves shopping tax incentive

The cabinet on Tuesday (Nov 7) approved the Finance Ministry’s shopping tax break for about three weeks between Nov 11-Dec 3 as an economic stimulus measure, according to Nathaporn Jatusripitak, an adviser at the Prime Minister’s Office. Under this measure, an individual income taxpayer can deduct the value of domestic purchases of goods and services […]Read More

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NIDA Poll says majority agreeing to higher tax for booze

As the new excise tax rates on alcoholic beverages and cigarettes are in force on Sept 16, a poll released by the National Institute of Development Administration (NIDA) says the majority of people it asked agreed to the tax increase. Most respondents, however, viewed that the higher tax rates could not stop people from drinking […]Read More

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Higher excise tax on sweetened drinks ready for cabinet approval

Excise Department says it is preparing a proposal to increase taxes on soft drinks with sugar contents exceeding the specified limit for the cabinet to approve. Director-general of the Excise Department Somchai Poolsavasdi revealed yesterday that the department was finalizing a proposed amendment to Article 29 of Excise Law covering taxes for soft drinks, sugar-added […]Read More