Government

Taxation

Illegal vehicle import crackdown ordered as tax avoidance raises ire

The Ministry of Finance has warned that it will impose stronger legal actions against any owners of imported vehicles evading taxes and tariff payments to the government. The two-page notice highlighted the need to resolve illegal automobiles in the country seriously and was signed by Deputy ...

Somsack Pongkhao

Govt calls for vehicle owners to pay tax, avoid fines

Even though more revenue has been generated from road tax, only 30 percent of vehicle owners have come forward to pay their obligations to the national budget, according to the Ministry of Finance. The shortfall has forced the government to carry out an information campaign ...

Somsack Pongkhao

Amended law offers no exception to VAT charge

All enterprises that have been registered and have obtained a tax ID will have to comply with the Value Added Tax Law. Deputy Prime Minister and Minister of Finance, Mr Somdy Duangdy, yesterday presented a draft of the amended Law on Value Added Tax to the ...

Ekaphone Phouthonesy

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