Results 1 to 2 of 2
  1. #1
    Thailand Expat misskit's Avatar
    Join Date
    Dec 2009
    Last Online
    Chiang Mai

    VAT remains at 7% for one more year

    BANGKOK, 4 October 2017 (NNT) The Value-Added Tax (VAT) will remain at 7 percent at least until 30 September 2018 to help with the national economy and reduce the people's costs of living.

    Deputy Revenue Department Director-General Patricia Mongkhonvanit said the promulgation of a tax cut law allows for the actual collection of the 7-percent VAT rate as a normal practice to last for another year.

    According to the deputy department chief, the Revenue Department is obliged to collect the VAT at 10 percent, the rate which has been reduced by the law.

    More information regarding VAT can be found on Redirect. Tax-related enquiries can be made at all RD offices, or by calling Hotline 1161.

  2. #2
    Philippine Expat Davis Knowlton's Avatar
    Join Date
    Sep 2009
    Last Online
    12% here.....

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts