Archive for April, 2014

Moody’s Investors Service reported last week that Thailand’s bond rating remains at Baa1 as it is supported by the government’s strong financial position and its credit is in a good position in comparison to its peers. The country’s debt carrying capacity and monetary policy management remain the country’s core strengths but the ratings service warned that if the political situation continues on into the second half it could lead to […]

Categories: NEWS

The Revenue Department has proposed that the current VAT of 7% and 20% corporate tax rate be continued for another year but awaits approval from both the Election Commission and the Cabinet. The EC needs to determine whether or not the tax cut extension will be deemed as breaching the Constitution. The old rate was set at 10% and 23%, the extension was due to expire this September 30 but […]

Categories: NEWS