National — On December 6th, 2024, Mr. Sorathep Rojpotjanaruch, the Thai Restaurant Business Association Chairman, raised concerns about the government’s proposal to increase the VAT rate from 7% to 15%. He warned that the move could devastate the restaurant industry, which has already seen over 50% of businesses shut down since early 2024. Read about
Restaurant and Hotel Industries Fear Collapse Over Proposed 15 Percent VAT Hike
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