Government spokesman Anucha Burapachaisri said the current rate was based on the Cabinet’s resolution in August 2020 that approved keeping the VAT at seven per cent from Oct 1, 2020 to Sept 30, 2021.
Source: thestar.com.my
Latest Posts in "Thailand"
- Thailand’s Credit Rating Stable, No VAT Increase Planned Despite Political Uncertainty: Official
- Thai Cabinet Extends 7% VAT Rate Until September 2026 to Support Economic Growth
- Effects of Inventory Discrepancies on VAT and Corporate Tax Compliance in Thailand
- Thailand Extends 6.3% Reduced VAT Rate on Goods, Services, Imports Until September 2026
- Thailand Maintains 7% VAT Rate for Another Year to Support Economic Growth