News
Ministry sets targets for tax reform
The Finance Ministry has set four targets for tax reform, aiming to boost revenue to cover expenses and deal with future economic uncertainties, says Fiscal Policy Office director-general Pornchai Thiraveja. First, tax reform should ramp up the country’s competitiveness and ensure sustainable economic growth.The ministry will ...
Wichit Chantanusornsiri
Excise to study reworked EV taxes
Finance Minister Arkhom Termpittayapaisith has ordered the Excise Department to study the excise tax structure on electric vehicles (EV) to promote industry development and lower the price of EVs.Speaking after visiting the Excise Department on Friday, Mr Arkhom said the government has lowered the excise ...
Wichit Chantanusornsiri
Finance Ministry prepares tax adjustments to lure FDI
The Finance Ministry is preparing to adjust the tax structure to incentivise foreign investors in preparation for a full reopening of the economy.One of the planned measures to stimulate the economy is adjusting the tax structure as a short-term boost for individuals and the private ...
Wichit Chantanusornsiri
