The Cabinet has given the green light to impose sales tax at 0.1% for the first year, starting at 0.05%.
The Cabinet has given the green light to impose sales tax at 0.1% for the first year, starting at 0.05%.
Recently, news reports indicate that the Cabinet meeting (Cabinet) today (November 29) has approved the collection of sales tax at a rate of 0.1 percent as proposed by the Ministry of Finance. After more than 30 years of exemption.”
News reports from the Government House indicate that the Cabinet meeting today approved what the Ministry of Finance proposed. Regarding the collection of tax on the sale of shares in the Stock Exchange of Thailand (SET), there will be a tax on stock trading at a rate of 0.1 percent, which will be collected by the broker. because they already have to collect fees from stock traders
However, in the first year after the law comes into force, stocks are taxed every month. Will collect at a rate of only 0.05 percent first, so that the market has a period of adjustment of about 90 days
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