Fri, 19 Apr 2019 18:21
Savers must allow banks to send information to tax officials: Finance Minister
Bank customers are required to consent to banks forwarding their savings-account information to the Revenue Department, as the Finance Ministry tries to eliminate tax evasion, Finance Minister Apisak Tantivorawong said on Friday.
Fri, 19 Apr 2019 01:00
More stimulus for smaller cities on way
THE Revenue Department is readying its latest iteration of a stimulus package aimed at promoting domestic tourism to secondary cities through tax deductions on purchases.
Thu, 18 Apr 2019 19:09
Thanachart Bank posts strong first quarter profits
Thanachart Bank Public Company Limited reported a net profit of Bt3.65 billion for the first quarter, with pre-tax earnings increasing 18.7 per cent compared to the same period last year.
Thu, 18 Apr 2019 01:00
Thousands of Chinese workers not paying taxes
THE BUREAU OF Internal Revenue (BIR) is going after the income tax payments of more than 130,000 unregistered Chinese working in the Philippine offshore gaming operators (Pogo) sector.
Thu, 18 Apr 2019 01:00
Oil smuggling rises since tax reform law
THE FEDERATION of Philippine Industries claimed that the country’s revenue losses due to oil smuggling have increased by about 30 per cent since higher excise taxes were slapped on the product.
Mon, 15 Apr 2019 18:04
Court approves initial 12-day detention for man ‘seeking death sentence’ for murdering pregnant stepdaughter
Min Buri Provincial Court on Monday approved an initial 12-day detention period for a 57-year-old motorcycle taxi driver, who had confessed to killing his seven-months-pregnant stepdaughter at her Bangkok home on April 11.
Tue, 16 Apr 2019 01:00
New land and building taxes will not increase tax rates, says Treasury Department
The Treasury Department has reassured that a new method for appraising land and buildings will not result in higher land and building tax rates as several parties have suggested, while the Fiscal Policy Office (FPO) estimates about Bt40 billion per year in additional government revenues for the first two years from 2020 when the taxes bill takes effect.
Sun, 14 Apr 2019 17:14
Taxi bike driver wants death after allegedly killing pregnant stepdaughter
A 57-year-old motorcycle taxi driver, who allegedly fatally battered his seven-month-pregnant stepdaughter to death at her Bangkok home on April 11, said he was in remorse over his action and wanted the court to give him the death sentence.
Thu, 11 Apr 2019 17:42
Finance Ministry plans to raise tax on non-alcoholic beer
Patchara Anuntasilpa, director general of the Excise Department, said the department is studying the possibility of increasing tax rates on non-alcoholic beer.
Thu, 04 Apr 2019 01:00
Tax amnesty open to qualified SMEs until June 30
ON MARCH 25, the Act to waive tax penalty, surcharge and criminal charge under the Revenue Code regarding any of the taxes concerned (referred to as ‘Tax Amnesty programme ’) was published in the Royal Gazette before entering into force on March 26.
Mon, 01 Apr 2019 01:00
True rolls out new app to woo taxi driver and bikers
True has launched its True Ryde App to support taxi drivers and bikers in order to improve the service levels.
The company expects 30,000 downloads within the next three months.
Fri, 29 Mar 2019 19:15
Patong taxi driver suspects arrested after tourist assaulted
Six suspects were arrested on Friday following an assault by a group of taxi, tuk tuk and motorcycle taxi drivers who beat up a tourist in Patong on Thursday night.
Fri, 29 Mar 2019 14:35
118 taxi drivers fined for alleged passenger-cheating offences
A total of 118 taxi drivers around the Royal Grand Palace area in Bangkok have been arrested and fined up to Bt1,000 for allegedly cheating passengers, especially foreign tourists, police said on Friday.
Wed, 27 Mar 2019 11:58
Owner of nightclub linked to Burning Sun scandal arrested
An owner of a nightclub linked to the sex-drug scandal involving a member of K-pop boy band Big Bang has been arrested on charges of tax evasion, a Seoul court said Tuesday.
Wed, 27 Mar 2019 01:00
What the election outcome tells us
Nobody is happy. That probably sums up the feeling after Sunday’s general election, which was predictably dictated by the prolonged political divide rather than tax, education and cannabis promises.