THE Salt Reduction Network is very pleased that the Excise Department is gearing up to collect sodium, or salt, tax this year as a measure to encourage entrepreneurs to adjust their formulas and introduce healthy food options for consumers, TV Channel 7 said today (March 3). Assoc. Prof. Dr. Surasak Kantachuvessiri, president of this
Tag: tax
Cabinet approves handouts, minimum wage increase and tax breaks, PM says
By Reuters and published by CNA THAILAND’S Cabinet today (Dec. 24) approved new minimum wage increases from January, tax breaks to boost spending and the second phase of the government’s signature handout scheme, the prime minister said. Paetongtarn Shinawatra also told reporters she hoped for economic growth of more than 3 percent next year.
Read moreThaksin slams some coalition parties for skipping key cabinet meeting
By Naewa and Reuters – published by CNA DE FACTO Pheu Thai boss Thaksin Shinawatra blasted some coalition partners for not attending a cabinet meeting on Wednesday (Dec. 11) where a draft legislation to collect the global minimum corporate tax was approved telling them they don’t have to stay in the coalition but if
Read morePolice fire on demonstrators trying to storm Kenya parliament, several dead
By Reuters and published by SwissInfo.ch Nairobi – Kenyan President William Ruto said on Tuesday (June 25) security was his “utmost priority” after protests against a bill to raise taxes descended into violence, with police firing on demonstrators trying to storm the legislature, killing at least five. In chaotic scenes in the capital Nairobi,
Read morePeeraphan stunned by plan to hike petrol tax to incentivise train travel
DEPUTY Prime Minister-cum-Energy Minister Peeraphan Saleerathaviphak said today (Dec. 21) he does not know where Transport Minister Suriya Juangroongruangkit got the idea to hike excise tax on petrol only in Bangkok and surrounding provinces to incentivise people to travel by train and it probably won’t materialise, Naewna newspaper said. While Suriya said he will
Read moreShopping sprees by well-to-do to spur 70bn baht cash flow
By Thai Newsroom Reporters AN ESTIMATED 70 BILLION BAHT worth of goods and services is anticipated to circulate in all parts of the country from early next month until the middle of February under the Pheu Thai-led government’s “easy e-receipt” campaign for the well-to-do. Deputy Finance Minister Julapun Amornvivat confirmed today (Dec.20) the “easy
Read moreTax refund backed shopping sprees by well-to-do to kick off soon
By Thai Newsroom Reporters DOMESTIC CONSUMPTION will likely grow due to anticipated shopping sprees by well-to-do people, given a tax refund campaign during an early part of next year, confirmed Deputy Finance Minister Julapun Amornvivat today (Nov.27). Given the “easy e-receipt” campaign, earlier called the “e-refund” campaign, all Thai nationals aged 16 and over
Read moreTighter tax rules not applicable if double taxation agreement signed: Expert
AMID concern among foreigners who have retired in Thailand about the impact of more stringent tax rules on remittance of overseas income as announced on Sept. 15, 2023 an expert pointed out this could be avoided if their country has signed a double taxation agreement with Thailand. According to the Revenue Department directive issued on
Read moreParallel populist project unveiled for the well-to-do
By Thai Newsroom Reporters AN E-REFUND PROJECT has been freshly launched by the Pheu Thai-led government for the well-to-do in parallel to the populist digital wallet project for other people. Prime Minister Srettha Thavisin confirmed today (Nov.10) that the e-refund project will be provided to those who may not be entitled to the 10,000-baht
Read moreSrettha ‘would do without honesty, good governance’: Chuwit
By Thai Newsroom Reporters PHEU THAI CANDIDATE FOR prime minister Srettha Thavisin was today (Aug.3) accused of lacking honesty and good governance to otherwise deserve to take the helm of government. In a press conference at a Bangkok hotel, political activist Chuwit Kamolvisit alleged Srettha of having conspired to help others evade 521 million
Read moreSrettha to be taken to task over alleged tax-evading real estate
By Thai Newsroom Reporters PHEU THAI PRIME-MINISTERIAL CANDIDATE Srettha Thavisin will likely be taken to task over tax evasion allegations pertaining to his real estate dealings very shortly, according to political activist Chuwit Kamolvisit. Known as personally associated with deposed prime minister Yingluck Shinawatra, the real estate tycoon-turned-prime-ministerial candidate has allegedly conspired with a
Read moreNo departure tax being implemented: Revenue Department
THE REVENUE Department today (May 7) denied it is going to start collecting 1,000 baht air departure tax from Thais and foreign residents with the current online public hearings on this issue only being held to comply with a key law, Matichon newspaper said. Mr. Winit Visetsuvarnabhumi, the department’s deputy director-general, said public hearings
Read moreD-Day April 1 for new vehicle tax rule
AS PART of the government’s effort to strictly enforce traffic rules the police together with the Land Transport Department will from April 1, 2023 not issue a tax sticker to vehicle owners who have not paid their traffic fines until they do so within 30 days, Naewna newspaper said this morning (Feb. 12). Ms.
Read moreMove Forward Party gets most cash donations from taxpayers
By Thai Newsroom Reporters THE MOVE FORWARD PARTY has been given most donations in cash from taxpayers’ refunds last year, says an official report. According to the report issued today (Oct. 10) by the Fund for Development of Political Parties under care of the Election Commission, a total of 62,634 people who have paid personal
Read moreTax waived for foreign actors filming in Thailand
IN AN effort to attract international filmmakers the Cabinet today (June 21) approved tax exemption for foreign actors shooting on location here for five years, Thansettakij newspaper said. Ms. Ratchada Thanadirek, a deputy spokesperson at the Prime Minister’s Office, said this measure was approved by the Cabinet to attract investment in filmmaking in Thailand,
Read moreMove Forward Party granted most of taxpayers’ cash donation
By Thai Newsroom Reporters DESPITE BEING part of the opposition bloc, Move Forward Party has been reportedly granted the most of taxpayers’ cash donation among all others including the ruling Democrat and Palang Pracharath parties. Move Forward Party, led by MP Pita Limjaroenrat, has been reportedly given 12.6 million baht in cash donation from the
Read moreTax raids target Indian paper that criticised government over Covid
By The Guardian and published by MSN.com TAX RAIDS have been carried out on the offices of one of India’s most popular newspapers, after months of critical coverage of the government’s handling of the Covid-19 pandemic. This morning, more than 100 tax inspectors descended on the headquarters of Dainik Bhaskar media group in the state
Read moreCountries back global minimum corporate tax of 15%
By Reuters Staff, published by The Straits Times Paris – Most of the countries negotiating a global overhaul of cross-border taxation of multinationals have backed plans for new rules on where companies are taxed and a tax rate of at least 15 per cent, they said on Thursday (July 1) after two days of talks.
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