Thailand’s Shopping stimulus scheme kicks off for 23 days

The tax break shopping scheme or “Shop Chuay Chart” started this week in Thailand as shoppers flocked to various supermarkets and department stores to buy and get receipts for deduction on their annual personal income tax

New sin-tax rates to bring extra $363 million to Thailand’s state coffer

The Excise Department says the new tax rates effective Sept 16 will raise prices of unhealthy foods and drinks, while generating 12 billion baht more on taxes from them annually

Land and House tax bill lambasted in Thailand

Thailand’s Finance ministry has proposed new rates for land and building taxes which will widen the ceiling tax waiver amount for residences to 1.5 million bah

First car tax refund submissions reach 1.25 million

Thai government will have to refund to first car owners, at no more than Bt100,000/car, has so far reached Bt91 billion from about 1.25 million car owners
One would think that a single market such as the ASEAN Economic Community would require harmonization of tax laws and coordination in their application, but this is not the case.

Tax harmonization and the AEC: a long way to go

One would think that a single market such as the ASEAN Economic Community would require harmonization of tax laws and coordination in their application, but this is not the case.

Real Estate appraisal delayed by flooding

Deputy Finance Minister Wirun Techapaiboon has revealed that the new list of property appraisal prices, which was scheduled to be announced in January this year, has been delayed by another six months due to the flood crisis in 2011.

Wealthy Tax payers to Benefit from first-time home buyers rebate

The Thai Cabinet agreed to cut taxes to support first-time home buyers. A tax reduction at a maximum 10 per cent for property prices will be applied to people buying a flat or a home costing five million baht of less