Picture courtesy of Bangkok Post
A proposed restructuring of the beverage tax framework is under consideration by the Finance Ministry, as revealed by the permanent finance secretary, Lavaron Sangsnit. The restructure aims to bolster tourism and domestic spending.
This Friday, Lavaron plans to engage in a discussion with officials from the Customs Department and the Excise Department. The proposed measures align with Thai governmental policies aimed at boosting consumption and tourism.
The first measure proposed focuses on increasing domestic and tourist spending, achieved by the abolition of duty-free shops in the nation’s airport arrival areas. The objective is to encourage tourists to spend more during their stay in Thailand.
Measure two considers a reduction in beverage tax, a step taken in the hope of increasing domestic spending, reported Bangkok…
