National — On December 7th, 2024, government spokesperson Jirayu Huangsap dismissed rumors of increasing VAT from 7% to 15%, clarifying that Thai PM Paetongtarn Shinawatra firmly opposes such a move. Paetongtarn emphasized that tax policy changes require gradual, well-researched implementation, often taking over a decade in other nations. The government’s priority remains reducing public expenses,
Thai PM Denies VAT Increase to 15 Percent, Reaffirms Economic Policy
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