Published: Jan 29, 2022
The Revenue Department plans to ease tax rules for investments in digital assets by allowing traders to offset annual losses against gains for taxes due on cryptocurrency investments, and exempt transactions from withholding tax and value-added tax, which is normally collected at 15 and 7 per cent respectively.
Published: Sep 02, 2021
The government’s revenue collection in the first 10 months of fiscal year 2021 – October 2020 to July 2021 – was Bt1.9 trillion, lower than the estimated Bt216.8 billion, or 10.2 per cent, which is about the same level as the year before, the Finance Ministry reported on Wednesday.
Published: Aug 20, 2021
Two former state revenue officials were given life sentences for their involvement in embezzling more than Bt3 billion from the state through fraudulent value-added-tax (VAT) refunds, and ordered to reimburse the Revenue Departnent.
Published: Aug 27, 2020
Nine digital gateways have been opened to help taxpayers file their returns before the looming deadline on August 31. The Revenue Department said the nine gateways were designed to make tax-filing quick and hassle-free for businesses and individuals.
Published: Jul 25, 2020
The Revenue Department has returned personal income tax and corporate income tax totalling over Bt60 billion during the Covid-19 situation, director-general Ekniti Nitithanprapas said on Friday (July 24).
Published: Nov 04, 2019
The Revenue Department collected Bt2.00931 trillion in tax for fiscal year 2019 (October 1, 2018 – September 30, 2019), which is Bt9.31 billion over the year's target of Bt2 trillion, said director-general Ekniti Nitithanprapas today (November 4).