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Wednesday, May 15, 2024

Cabinet set to consider tax assistance steps

State aid measures for struggling taxpayers, including deadline extensions for filing income taxes, a 90% reduction in land and building taxes and a reduced 0.01% fee for property transfers and mortgages, are scheduled to go before the cabinet next week.

Prime Minister Prayut Chan-o-cha made an announcement on his Facebook page on Friday that the tax measures will be considered at Tuesday’s meeting.

Gen Prayut told the Finance and Interior ministries to prepare the details and propose the measures to the cabinet for approval at the meeting.

He had a meeting on Friday with economic ministers including Deputy Prime Minister Supattanapong Punmeechaow, Finance Minister Arkhom Termpittayapaisith, and Danucha Pichayanan, secretary-general of the National Economic and Social Development Council to discuss aid measures to support individuals and businesses affected by…

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