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Govt may increase VAT next year: Sommai

News Bandit

By News Bandit
in Thailand News

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News Bandit

Posted
Posted

Finance Minister Sommai Phasi said Wednesday that the government may increase VAT after the extension of 7-per cent rate expires at the end of September next year. He said the government has not increased VAT for several years although the law sets the rate at 10 per cent.

 

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