Uttama eyes tax adjustments

Finance Minister Uttama Savanayana on Saturday pledged to consider adjusting income tax and corporate tax to bring the two rates closer.

The maximum bracket for income tax is 35% while that of the corporate tax is 20%, he said.

The impact of any adjustments to these taxes, including those on state tax revenues, will be carefully examined before any changes are adopted, Mr Uttama said.

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Wichit Chantanusornsiri