Finance to propose retaining 7 percent VAT up to another 2 years

Thailand’s Finance Ministry will propose to the cabinet that the current 7% value-added tax rate be retained for a further one to two years, in line with the current economic…

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Cabinet freezes VAT at 7 percent for another year

The Cabinet today decided to maintain the value-added tax at 7 percent for another year as of October 1.   Mr Natthaporn Jatusripitak, spokesman of Deputy Prime Minister Somkid Jatusripitak,…

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