Government Will Maintain Vat Rate at 7%
Government Will Maintain Vat Rate at 7% BANGKOK (NNT) – The government has no plan to hike the value-added tax (VAT) in order to achieve the gross domestic product growth target this year of 4 per cent. Government Spokesman Anucha Buraphachaisri said Thailand had set the VAT rate at 10 per cent under the Revenue Code…