- The outgoing caretaker cabinet has decided to keep the VAT rate at 7% until the end of September 2026 to support economic growth and maintain domestic consumption. Despite suggestions to increase it to 10% for tax reform, the proposal was rejected due to concerns about public burden.
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.
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