thailand - Tax & Revenue - News

Tax Refunds to only be transferred Electronically

BANGKOK, Jan 25 (PNA) - The Spokesman for the Revenue Department, Pinsai Suraswadi, said the tax refunds in 2018 will only be transferred electronically.
Date: 25 January 2019; Type: Legal News; Source: Thai News Agency

Customs Department offers Online Payment Services

BANGKOK, Jan 16 (NNT) - Businesses needing to make payments to the Customs Department can now do so through online banking.
Date: 16 January 2019; Type: Industry Updates; Source: Thai News Agency

Cabinet approves Return of VAT to Consumers' Debit Accounts

BANGKOK, Dec 19 (NNT) - The cabinet has approved the return of Value Added Tax (VAT) to consumers buying products using debit accounts, even though the move will cost the government 9.2 billion baht in lost revenue.
Date: 19 December 2018; Type: Legal News; Source: National News Bureau of Thailand

Five per cent VAT Refund Gift for Chinese New Year 2019

BANGKOK, Dec 19 (NNT) - As the Chinese New Year 2019 is coming around, the Ministry of Finance has decided to offer a 5% VAT refund via debit cards to promote the use of PromptPay and push for a cashless society. The scheme opens for registration on January 7th next year.
Date: 19 December 2018; Type: Industry Updates; Source: National News Bureau of Thailand

Finance Minister: State Welfare Card Holders given 5% VAT Refund

BANGKOK, Dec 11 (NNT) - The Finance Minister has revealed that state welfare cardholders will receive a 5% VAT refund after spending the recently delivered 500-baht subsidy.
Date: 11 December 2018; Type: Legal News; Source: National News Bureau of Thailand

Revenue Department says it does not collect Higher Tax from Online Merchants

BANGKOK, Dec 8 (NNT) - The Revenue Department has insisted that the Revenue Code Amendment Act draft is not intended to make online merchants pay more tax but to analyze the behavior of taxpayers.
Date: 08 December 2018; Type: Industry Updates; Source: National News Bureau of Thailand

New e-Payment Taxation to facilitate Online Retailers: RD

BANGKOK, Dec 7 (NNT) - The new e-payment taxation is designed to support the growth of electronic transactions and to help online retailers pay the tax more conveniently, said Revenue Department's (RD) Spokesman Pinsai Suraswadi.
Date: 07 December 2018; Type: Industry Updates; Source: National News Bureau of Thailand

Tax Incentive seeks to help Rubber Farmers

BANGKOK, Dec 5 (NNT) - The government's tax break on shopping to stimulate end-of-year spending benefits small entrepreneurs as well as farmers affected by the Para rubber price drop, according to a revenue department official.
Date: 05 December 2018; Type: Legal News; Source: National News Bureau of Thailand

Finance Ministry to reimburse VAT Payments during Chinese New Year

BANGKOK, Dec 3 (NNT) - The Ministry of Finance will be rebating Valued Added Tax (VAT) during the Chinese New Year Festival next year up to 20,000 baht per citizen in a move to support economic growth at up to 4 percent.
Date: 03 December 2018; Type: Legal News; Source: National News Bureau of Thailand

Tax Measure for Shoppers designed to help Farmers: Revenue Department

BANGKOK, Dec 1 (NNT) - The tax deduction campaign for shoppers is largely designed to help farmers, said Revenue Department's (RD) Spokesman Pinsai Suraswadi.
Date: 01 December 2018; Type: Industry Updates; Source: National News Bureau of Thailand

Tax Discounts help boost Grassroots Economy: Revenue Department

BANGKOK, Dec 1 (NNT) - The Revenue Department (RD) has advised that the tax discount scheme on purchases of eligible items will benefit farmers and local communities.
Date: 01 December 2018; Type: Industry Updates; Source: National News Bureau of Thailand

Government proposes New Revenue Code to Parliament

BANGKOK, Oct 19 (NNT) - The Cabinet has proposed a draft revenue code to the National Legislative Assembly (NLA). The bill aims to update the revenue code to comply with the country’s strategy on electronic payments.
Date: 19 October 2018; Type: Legal News; Source: National News Bureau of Thailand

Tax payers with Health Insurance can have Taxes deducted automatically

BANGKOK, Oct 5 (NNT) - Tax payers no longer have to present proof of their health insurance payments to have their income taxes deducted under a move by the Revenue Department to have the Office of Insurance Commission (OIC) share tax payer data with it.
Date: 05 October 2018; Type: Legal News; Source: National News Bureau of Thailand

Cabinet approves Tax Incentives for Establishment Hong Kong Economic and Trade Office in Thailand

BANGKOK, Oct 3 (NNT) - Nattaporn Jatusripitak, an adviser to the Office of the Prime Minister, said the cabinet yesterday (Oct 2) approved tax incentives for the establishment of Hong Kong Economic and Trade Office in Thailand, thanks to the strong trade growth between both sides.
Date: 03 October 2018; Type: Legal News; Source: National News Bureau of Thailand

Cabinet approves VAT Refund for Welfare Card Holders

PHETCHABUN, Sept 18 (NNT) - Thailand's Cabinet has agreed to help low-income people further by entitling them to a partial rebate of value-added tax (VAT) on purchases made using their state welfare card.
Date: 18 September 2018; Type: Legal News; Source: National News Bureau of Thailand

New Ministry of Justice Building to open in 2020

BANGKOK, Sept 7 (NNT) - The new Ministry of Justice on Chaeng Watthana Road has entered the final phase of construction and is scheduled to open for public service in 2020.
Date: 07 September 2018; Type: Industry Updates; Source: National News Bureau of Thailand

Social Welfare Cardholders to be exempted from VAT

BANGKOK, Sept 9 (NNT) - The Ministry of Finance will seek cabinet approval for its latest scheme to exempt social welfare cardholders from the value-added tax (VAT).
Date: 09 September 2018; Type: Legal News; Source: National News Bureau of Thailand

NLA passes Tax Break for Parents with Two Children

BANGKOK, Aug 25 (NNT) - Parents with two children or more are to be entitled to a tax break of 30,000 baht. The National Legislative Assembly (NLA) endorsed the amendment of the Personal Income Tax Act, with 144 lawmakers voting in favor, none against, and 3 abstentions, giving parents with two or more children a tax deduction of 30,000 baht p ...
Date: 25 August 2018; Type: Legal News; Source: National News Bureau of Thailand

Welfare Card holders to get VAT Rebate during This Year's Fourth Quarter

BANGKOK, Aug 1 (NNT) - Welfare card holders will get a VAT rebate from purchases made at eligible stores in a pilot campaign during the fourth quarter of this year.
Date: 01 August 2018; Type: Legal News; Source: National News Bureau of Thailand

New Customs Act to transform Thailand into Regional Distribution Hub

BANGKOK, July 25 (NNT) - The Thai Chamber of Commerce held a seminar to raise awareness about the new Customs Act B.E. 2560 among Thai importers and exporters to ensure they have correct understanding.
Date: 25 July 2018; Type: Legal News; Source: National News Bureau of Thailand

INDUSTRY UPDATES

Justice Ministry: US Claims ‘baseless’

The Ministry of Justice on Tuesday reacted to recent “baseless” claims by the US Embassy in Phnom Penh regarding the case of former opposition leader Kem Sokha, urging the embassy to stop spreading misinformation regarding the implementation of the law in Cambodia.

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Court adjourns Tony Pua's Appeal against Interim Injunction over RUU355 Video Clip

PUTRAJAYA, Feb 20 (Bernama) - The Federal Court today adjourned the appeal hearing by Damansara Member of Parliament Tony Pua Kiam Wee against an interim injunction order over his alleged video clip relating to the tabling of Syariah Courts (Criminal Jurisdiction) (Amendment) Bill 2016 or RUU355.

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DOJ urged to Act on Murder Raps vs PNP Men in Lawyer's Death

MANILA, Feb 19 (PNA) - A former Cebu City councilor asked the Department of Justice (DOJ) Monday to charge policemen implicated in the killing of his brother, lawyer Noel Archival, five years ago.

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Laos, Japan celebrate 20 Years of Legal, Judicial Cooperation

The Lao and Japanese governments have highlighted 20 years of achievement in cooperation to strengthen the legal and judicial sectors in Laos, especially with regard to human resource development.

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Sarawak Lawyers wants Government to set up RCI over Judge Allegations

MIRI, Feb 19 (Bernama) - The Advocates Association of Sarawak (AAS) has proposed to the government to set up a Royal Commission of Inquiry (RCI) over the allegation of judicial interference in the affidavit made by a sitting Court of Appeal judge Datuk Dr Hamid Sultan Abu Backer recently.

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MACC meets Judge Hamid Sultan over 63-Page Affidavit

PUTRAJAYA, Feb 18 (Bernama) - The Malaysian Anti-Corruption Commission (MACC) today met with Court of Appeal judge Datuk Dr Hamid Sultan Abu Baker over his recent 63-page affidavit, filed last week, on allegations of judicial interference.

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CBM headed in Right Direction, Bank Development expected: Experts

The Central Bank of Myanmar (CBM) has begun taking the initial steps to stand as an independent body, local financial experts and economists say.

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INDUSTRY UPDATES

Retired SC Justice Azcuna 'Selfless Government Worker': Palace

MANILA, Feb 15 (PNA) - Malacañang wished retired Supreme Court (SC) Associate Justice Adolfo Azcuna the best as he celebrates his 80th birthday on Saturday.

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Rule of Law followed in Ressa Arrest

MANILA, Feb 15 (PNA) - Malacañang on Friday said the rule of law was followed in the arrest of Rappler chief executive officer Maria Ressa for cyberlibel amid criticisms of suppressing press freedom.

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Rebuilding ASEAN’s Financial Safety Net

Singapore and Indonesia signed a US$10 billion (K15.23 trillion) bilateral swap agreement last October, allowing the two countries to assist each other during times of financial stress through US dollar loans. The move signalled a willingness by ASEAN countries to play a bigger and more direct role in strengthening the region’s financial stability, but there is still much more to do.

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Judiciary lodges Police Report over Allegations in Affidavit

PUTRAJAYA, Feb 15 (Bernama) - The Judiciary has lodged a police report over allegations made against unnamed judges and the institution in the affidavit made by a sitting Court of Appeal judge Datuk Dr Hamid Sultan Abu Backer.

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INDUSTRY UPDATES

Blind Woman's Persistence to become Lawyer bears Fruit

KUALA LUMPUR, Feb 15 (Bernama) - ‘Where there’s a will, there’s a way’, this proverb illustrates the determination and diligence of a visually impaired young woman who has achieved her dream of becoming a lawyer.

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Lawyer urges Government and CJ to address Justice Hamid's Revelations

KUALA LUMPUR, Feb 15 (Bernama) - Lawyer Sangeet Kaur Deo has called on the government and Chief Justice to immediately look into the claims by Court of Appeal judge Datuk Dr Hamid Sultan Abu Backer, contained in his affidavit which revealed misconduct of top judges and judicial interference.

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INDUSTRY UPDATES

Decision on Minimum Wage Increases due in March

BANGKOK, Feb 13 (NNT) - The final decision on Minimum Wage increases will be made in March, with new rates to vary in accordance with economic conditions in each province.

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INDUSTRY UPDATES

No Violation of Ressa's Civil Rights: DOJ

MANILA, Feb 14 (PNA) - Justice Secretary Menardo Guevarra on Thursday assured full protection of the civil rights of online news website Rappler's publisher Maria Ressa, who was arrested on Wednesday in connection with a cyber libel complaint filed against her and the media firm by a private individual.

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INDUSTRY UPDATES

DOTr inks Deal on Common Station Construction

MANILA, Feb 13 (PNA) - The Department of Transportation (DOTr) on Wednesday signed a contract with a private consortium for the construction of Area A of the Unified Grand Central Station (UGCS) or the common station which is located between SM North Edsa and Trinoma in Quezon City.

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INDUSTRY UPDATES

Men too face Sexual Harassment at Workplace

SUNGAI PETANI, Feb 14 (Bernama) - Men too have been recorded as being victims of sexual harassment at the workplace, said Women, Family and Community Development Deputy Minister, Hannah Yeoh.

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INDUSTRY UPDATES

LHDN launches eProcurement System, Suppliers' Portal

CYBERJAYA, Feb 13 (Bernama) - The Inland Revenue Board (LHDN) has launched the eProcurement (eP) system and the Suppliers’ portal as a continuous effort to improve service delivery to suppliers or tenderers dealing with the agency.

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