• Get in Touch

    Speak to an expert to get international VAT advice +44 (0) 203 713 3535

    "*" indicates required fields

    This field is for validation purposes and should be left unchanged.












    • UK Based Global VAT and Tax Compliance Consultants
    25
    May

    Thailand Reject VAT Increase


    Finance secretary Somchai Sujjapongse has rejected the National Legislative Assembly’s proposal for a 1% increase in the value-added tax (VAT), saying it does not suit the present economic circumstances

    A VAT rise was within the ministry’s purview, but any such decision would depend on the country’s economic situation and the state’s financial position, he said. An increase would not be suitable at this time as the country had recently begun showing signs of economic recovery with growth increasing by 3.3% during the first quarter of this year.

    For more information please contact Essentia Global Services:


    Essentia Global Services – European / International / Global vat tax compliance consultants and management agents.
    Cookie Settings

    This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

     

    We are specialists in global indirect tax management. We help businesses to manage their worldwide compliance with respect to VAT/GST and similar taxes, effectively and economically. Essentia Global Services – European / International / Global vat tax compliance consultants and management agents. Essentia also provides VAT Training Courses and an EU VAT Number Lookup Platform. VAT Global Management & International VAT Registration.