Wed, 27 Feb 2019 01:00
New rule to provide tax refunds for foreign tourists
IN AN effort to encourage tourist spending and empower small and medium enterprises (SMEs), the Indonesian government will revise a regulation pertaining to value-added tax (VAT) that would allow foreign tourists to get tax refunds for their spending.
Fri, 11 Jan 2019 14:42
Tax refund for home and car repairs after Pabuk
The Cabinet has approved a tax refund for people who need to repair damage to their home or car after tropical storm Pabuk hit, between January 3 and 7, 2019.
Tue, 18 Dec 2018 18:23
5% VAT refund approved for Chinese New Year
The Cabinet on Tuesday approved the Finance Ministry’s proposal of a 5-per-cent value-added tax refund for all shoppers during the Chinese New Year in February.
Tue, 18 Dec 2018 16:06
‘Downtown VAT Refund for Tourists’ scheme gains momentum with opening of Siam Paragon counter
The “Downtown VAT Refund for Tourists” campaign has kick-started an initiative to set up counters in numerous locations across central Bangkok to help tourists obtain value added tax refunds when shopping at authorised retailers, the Revenue Department said on Tuesday.
Fri, 23 Nov 2018 01:00
Departments meet on shopping tax refund
The Revenue Department is in discussions with the Fiscal Policy Office on the conditions for shopping tax refund on shopping expenses during the festive season, expected to start from December 15.
Thu, 13 Sep 2018 01:00
What you need to know about withholding tax refund
IN 2013, the government reduced the corporate income tax rate from 30 per cent to 20 per cent as a tax incentive for international companies to invest in Thailand. However, while the tax rate was reduced, the withholding tax rate remained the same. This has resulted in a greater demand for withholding tax refunds.
Tue, 20 Jun 2017 01:00
Appeal Court orders tax refund for San Miguel
THE Court of Tax Appeals (CTA) has ordered the Bureau of Internal Revenue to issue a 761.06-million peso tax refund to San Miguel Brewery Inc for erroneously collected tax on its light-branded beer for the year 2012.
Mon, 23 May 2016 18:17
VAT refund rules eased
The Excise Department has relaxed its rule for stores under the Tax Refund for Tourists scheme.
Thu, 07 Aug 2014 18:32
Top picks: AEONTS, SINGER
Approximately 18 million people would benefit from the tax refund
policy for low incomers; B55.6bn/year will be injected into the
system, benefiting leasing companies. We favor AEONTS and
Mon, 30 Jun 2014 00:00
Have your supporting documents ready when requesting a tax refund
Congratulations to everyone who received a personal income tax refund recently.
Sat, 12 Apr 2014 00:00
Another populist setback may be looming
Lagging tax refunds for first-time car buyers puts government policies under the spotlight again
Tue, 05 Nov 2013 00:00
Probe into VAT refund scam extends to 65 firms
The Finance Ministry and the Revenue Department have accelerated the investigation into the Bt4.3-billion value-added-tax refund scam, finding that two more officials might have been involved in helping an additional 20 companies now being probed.
Wed, 02 Oct 2013 00:00
Gold still missing after raids linked to tax fraud
THE HEAD of the Anti-Money Laundering Office was forced to defend his agency after officials returned empty-handed yesterday from raids on four sites linked to suspects in the Bt4.3-billion value-added tax refunds affair.
Wed, 28 Nov 2012 00:00
First-car rebates expected to pass 600,000 by year-end
The Excise Department yesterday revealed that registrations for tax refunds under the first-car rebate scheme exceeded 581,000 valued at about Bt43 billion.
Fri, 02 Nov 2012 00:00
Finance Ministry needs Bt11 bn more funding
A large number of people have requested tax refunds under the first-time-car-buyer scheme and the Finance Ministry has to ask for more funding to satisfy the demand.