News
Pandemic pauses plans for higher revenue collection
Finance Minister Arkhom Termpittayapaisith has expressed concerns over how a continuous drop in tax revenue collection will affect fiscal policy conduct in the long run.As the government aims to implement a long-term fiscal expansionary policy framework, the lower revenue collection as a percentage of GDP ...
Wichit Chantanusornsiri
Customs reports tax shortfall
The Customs Department’s tax revenue collection missed its target by 1.1% in the first month of fiscal 2020.The tax-collecting agency in October gathered 52.1 billion baht, of which 8.7 billion was the Customs Department’s revenue and the remainder was revenue the department collected on behalf ...
Wichit Chantanusornsiri
