- Deputy People’s Party leader Sirikanya Tansakul criticizes the government for unclear stance on VAT increase
- Sirikanya responds to Suksit Srijomkwan who defends Prime Minister Paetongtarn Shinawatra amid VAT hike speculations
- Suksit accuses Sirikanya of obstructing tax reform, while she advocates for a welfare state
- Sirikanya suggests VAT might need to increase but should be capped below 15% and paired with economic safeguards
- Prime Minister denies plans to raise VAT to 15% after Finance Minister Pichai Chunhavajira suggests a hike to enhance revenues and reduce disparities
- Charnnarong Buristrakul from Khon Kaen Chamber of Commerce suggests a VAT increase to 10% might be considered for urgent issues like flood rehabilitation
- Overall, there is significant debate and confusion over VAT policy directions and communication from the government
Source: bangkokpost.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Thailand"
- Thailand Tightens Customs Rules, Raising Parcel Import Costs and Protecting Local Businesses
- Thailand Updates Excise Tax and Incentives for Electric Vehicles Under New EV 3.5 Package
- Thailand Confirms No VAT Increase, Maintains 7% Rate Until at Least 2026
- New Government Rules Out VAT Hike, Prioritizes Economic Recovery Over Next Three Years
- Is It Time for Thailand to Raise VAT to 10%? Global and ASEAN Comparisons














