Finance Ministry backs down on VAT Business

Finance Ministry backs down on VAT

Fierce public objections about its proposal to impose value-added tax (VAT) on the transfer of land-use rights have forced the Ministry of Finance to shelve the move.
Thailand to set up tax refund offices at shopping areas ASEAN

Thailand to set up tax refund offices at shopping areas

The Finance Ministry of Thailand has agreed with the Tourism and Sports Ministry’s proposal to set up more VAT refund offices in shopping centres to encourage foreign tourists to buy more local products, the Thai media reported on December 11.
Experts: Fertiliser tax does more good than harm Business

Experts: Fertiliser tax does more good than harm

Following the implementation of a provisional tax on imported fertilisers, more things need to be done to help balance benefits of both local producers’ and farmers’ benefits, industry insiders have agreed.