The Thai government recently announced new regulations that make it easier for foreign visitors to claim value-added tax (VAT) refunds on goods purchased in Thailand.
The Thai Ministry of Finance is working with the private sector to develop some 100 billion-THB worth support measures for affected persons and business operators, in the context of the global COVID-19 epidemic bringing significant disruption to both the Thai and global economies.
The Thai Finance Ministry has set up a committee to shake up the tax structure of the Revenue Department, the Excise Department and the Customs Department, according to Finance Minister Uttama Savanayana.
Expanding the Thailand Future Fund (TFF) and tax reform are two priority policies that will boost development and help to reduce income inequality, Thai Minister of Finance Uttama Savanayana told the Bangkok Post Forum 2019 on August 5.
The Revenue Department (RD) of Thailand is considering ways to improve and increase revenue collection from businesses operating in electronic commerce (e-commerce).