logo

Thailand: 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. 

Revenue Department’s director general Ekniti Nitithanprapas said yesterday that Finance Ministry departments expect to finalise the draft on tax incentives for shopping early next month before seeking Cabinet approval. 

“We will come up with a package that will boost domestic spending in the last month of this year. However, it will not be not the same as the previous two years, now that we have more details,” he said.

Source: http://www.nationmultimedia.com/detail/Economy/30359115