Waivers limit state revenue collection
The government needs to revamp the tax structure, especially the personal income tax, to bridge the income gap and ensure a fairer system, according to the National Economic and Social Development Council (NESDC).
Thailand still has some tax waivers, including the capital gains tax, which some parties believe should be cancelled. The government is studying whether some tax waivers should be terminated, said NESDC secretary-general Danucha Pichayanan yesterday at…
