Finance Minister Pichai Chunhavajira

  • Business NewsThailand unveils tax reform: Corporate tax cut, VAT hike rejected
    Bob ScottPublished: 15:00, 16 December 2024
    158

    Thailand unveils tax reform: Corporate tax cut, VAT hike rejected

    Finance Minister Pichai Chunhavajira unveiled a bold tax reform plan to supercharge state revenue, drive national development, and level the economic playing field in Thailand. The announcement was made at the Sustainability Forum 2025, an event championing sustainable economic growth. Central to the plan is slashing the corporate income tax rate to 15%, aligning with OECD guidelines to keep Thailand…