Revenue Dept. uses ‘carrot and stick’ to encourage dodgers to pay taxes

Thailand’s Revenue Department is employing a ‘carrot and stick’ approach to persuade about three million income-earners and about 140,000 entrepreneurs, who have never paid income taxes, to pay up. Revenue…

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Authorities backtrack on move to tax interest from bank deposits

The Revenue Department has withdrawn a much-criticized demand for bank depositors to provide written consent to allow their banks to deduct tax on interest earned on deposits. Revenue Department spokesman…

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