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Tuesday, May 7, 2024

Excise Department hopeful about rearranging tax structure

The Excise Department plans to overhaul the tax structure to make it fairer and align it with the current environment, says deputy director-general Kriengkrai Pattanaporn.

The department’s most recent major restructuring of the tax system took place in 2017.

He said the department would set up a committee to improve its overall tax collection plan, while also focusing on the promotion of environmental protection.

Mr Kriengkrai said some tax rules still lack clarity since the overhaul in 2017.

The tax structure should be revised so it is appropriate for the current situation and market innovations, he said.

For example, the department is unable to impose tax on soda sold via vending machines because of lack of clarity concerning the rules. This is unfair to manufacturers of bottled soda as they are liable for excise tax payment, said Mr Kriengkrai.

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