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Friday, May 17, 2024

Excise eager to close booze tax loopholes

Liquor and beer taxes are some of the top revenue earners for the Excise Department.

The Excise Department plans to restructure the excise tax on liquor and beer to close loopholes, says director-general Ekniti Nitithanprapas.

He said the department is holding discussions with the private sector to ensure the tax structure is appropriate and fair.

Even though the department recently restructured the excise tax by replacing factory-based prices with retail-based prices…

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