Thai PBS World

Public advised to be wary after Revenue Department’s Twitter account was hacked

January 16, 2022
by Mintra Adair
Comments Off on Public advised to be wary after Revenue Department’s Twitter account was hacked

The Thai Revenue Department has warned the public to be extremely wary of information appearing on its Twitter account after it was attacked by unknown hackers. According to the Anti-Fake…

According to tax officials, those who engage in coin mining also will be subject to taxation on the sale of coins. (Photo by Quantitatives.io)

Taxing cryptocurrency trading — an uncharted course

January 16, 2022
by Tulip Naksompop Blauw
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The digital assets industry is up in arms over the Revenue Department’s plan to levy tax on capital gains or benefits derived from cryptocurrencies and other digital asset transactions. With…

Former revenue chief and senior official get life for ฿3bn illegal tax refund

August 19, 2021
by Tulip Naksompop Blauw
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Former Revenue Department Director-General Sathit Rangkhasiri and a former Bangkok-based senior revenue official, Siripong Riyakarnthirachote, were sentenced to life in prison by the Criminal Court for Corruption and Misconduct Cases…

(Photo by Joseph Prezioso / AFP)

Thai Revenue Department denies charging VAT on vaccines bought by private hospitals

July 11, 2021
by Kitipat Chuensukjit
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The Revenue Department has dismissed, as groundless, a report widely circulated on social media that it is charging value-added tax (VAT) on COVID-19 vaccines being procured by private hospitals, through…

(Photo by PORNCHAI KITTIWONGSAKUL / AFP)

Tax hikes may be unavoidable in post-COVID economy

April 8, 2021
by Tulip Naksompop Blauw
Comments Off on Tax hikes may be unavoidable in post-COVID economy

COVID-19 has dealt a double blow to Thailand’s finances, reducing tax revenue while increasing the amount of money the government must spend to keep the economy afloat. The Cabinet recently…

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

November 4, 2019
by Kitipat Chuensukjit
Comments Off on 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…

Authorities backtrack on move to tax interest from bank deposits

April 23, 2019
by Kitipat Chuensukjit
Comments Off on 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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