BANGKOK (Reuters) – Thailand’s cabinet has approved a tax cut on alcoholic beverages and entertainment venues to boost tourism, a government spokesperson said on Tuesday.
Taxes on wine will be reduced from 10% to 5% and on spirits from 10% to zero, Chai Wacharonke told reporters, adding that excise tax on entertainment venues will be halved from 10% to 5%.
(Reporting by Chayut Setboonsarng and Panarat Thepgumpanat, Edited by Kanupriya Kapoor)
