Thailand: Excise chief flip-flops as department rejects 50% tax cut
The Excise Department has turned down car makers’ proposed 50% tax cut, fearing prices of all vehicles in the market will decline further if the reduction is implemented, the department’s chief says. Lowering taxes to boost domestic car sales is inappropriate because there could be a knock-on effect on all cars, said Patchara Anuntasilpa, director-general […]
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