- The Thai Cabinet has approved extending the reduced VAT rate of 7% for another year, until September 30, 2025, to support economic growth. The standard VAT rate is 10%, but it has been reduced to 7% annually since 1997.
Source: facebook.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.
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