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  • Tom 8:00 pm on January 26, 2010 Permalink
    Tags: AFTA, baht, , , , , entrepreneur, , , import, , , , , , , , refunds, , , tariff, tax, tax refunds, ,   

    Thailand to lose Bt3-4 billion revenue from AFTA tariff cuts 

    import and export duties

    Thailand’s Customs Department expects revenue from import and export duties will decline by Bt3-4 billon (US$90-120 million) in the wake of the ASEAN Free Trade Agreement (AFTA) cuts which became effective on January 1, with the department adjusting its role from tariff collector to facilitator, a senior customs official said on Friday. (More …)

  • Tom 8:40 pm on November 29, 2009 Permalink
    Tags: alien workers, , , , British Ambassador, British entrepreneurs, , business services, Chamchuri Square, , , financial service, financial transaction services, , , foreign exchange operations, , investing, , , , juristic, , tax, , , ,   

    UK interests financial services in Thailand 

    financial services in Thailand

    Photo : Flickr.com

    The United Kingdom has shown interest in investing in Thailand‘s financial service as satisfactory figures on export and tourism sectors have been reported.

    Prime Minister Abhisit Vejjajiva, along with Lord Charles Powell of Bayswater and Mr Quinton Quayle, British Ambassador to Thailand, discussed economic issues in Thailand and the UK and deemed that both countries are going through a good recovery.

    Mr Abhisit stated that the government has expressed interest to promote the investment of Thailand by establishing the One Start One Stop (OSOS) investment center to facilitate and provide investment services to all investors in Thailand. (More …)

  • Tom 9:04 pm on November 28, 2009 Permalink
    Tags: , , , , , , , pay taxes, poor, , rich, richest, , tax, taxation system, taxes, , Thai society,   

    Fiscal and tax reform needed to reduce poverty gap 

    Thai baht

    Thai baht: Flickr.com

    The Research Subcommittee of the National Counter Corruption Commission suggested that tax and fiscal reform must change in order to upgrade the country into an equitable and fair Thai society.

    The Research Subcommittee of the National Counter Corruption Commission, Professor Doctor Pasuk Phongpichit recommended that a fair society must have a taxation system that is acceptable and fair. Those receiving many benefits from public expenditure should be willing to pay taxes at a greater proportion of income, compared to those receiving fewer benefits. (More …)

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