Latest Breaking News On - தாய்லாந்து வருவாய் துறை - Page 1 : comparemela.com

Tax reforms delayed until 2022 Thailand’s economy is currently at its weakest since the 1997 Asian financial crisis. This has led the Thai government to put on hold its plans to undertake major reforms of tax policies.  Tax revenue collections in 2020–2021 have weakened due to the pandemic’s effect on businesses, especially those in Thailand’s hard hit tourism industry. The Thai government received approval this month to borrow another Baht 500 billion (approximately $16 billion) to fund the government’s projects for tackling COVID-19.  Thailand’s tax revenue collections in terms of its ratio to GDP is relatively low compared to OECD countries and this ratio has dropped further as a result of the pandemic. The tax reforms, now delayed to 2022, will aim to increase tax collections in the long term, against the backdrop of an ageing population and shrinking workforce.

Paul ashburnThailand fiscal policy officeEuromoney institutional investorRevenue departmentThailand revenue departmentFiscal policy officeRevenue codeRoyal decreeSoutheast asiaPrivacy policyInstitutional investorபால் ஆஷ்பர்ன்தாய்லாந்து நிதி பாலிஸீ அலுவலகம்வருவாய் துறைதாய்லாந்து வருவாய் துறைநிதி பாலிஸீ அலுவலகம்