The Revenue Department has warned that heirs receiving a legacy from donors who pass on assets via off-market transfer before inheritance and gift taxes take effect could face a maximum 35% personal income tax rate. Read more here: Bangkok Post – Business News
The joint project between the government and the private sector is to provide consumer products at a great discount between 24-30 December for the Thai people in celebration of the coming New Year. The objective of the event is to bring some joy and relief as well as reduce the[…]
The post New Year gifts roll out now as part of giving happiness to the people appeared first on Startup in Thailand.
Details of the package will be briefed to the media soon when they are completed, he said, adding that he will also explain the government’s economic roadmap for next year on the same occasion. Regarding the progress of the nano finance scheme, the deputy prime minister disclosed that big organizations[…]
The post Government to roll out New Year’s economic gifts for Thai people appeared first on Startup in Thailand.
Finance Minister Sommai Phasi said today (Monday) that it would depend on the National Legislative Assembly to agree or disagree with this tax rate which is considered as low compared to 40 percent in the United States and 55 percent in Japan. Moreover, he said that the Finance Ministry would[…]
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TOKYO – Chinese were the biggest spenders among foreign visitors to Tokyo in fiscal 2013, many making short visits and spending generously on gifts to take home, according to a Tokyo metropolitan government report. Read more here: Bangkok Post – Business News