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Thailand approves tax cuts on alcoholic beverages, entertainment venues to boost tourism -January 02, 2024 at 02:34 am EST
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)
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