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Spa Taxwaiver likely

The Finance Ministry will propose to the cabinet today that the excise tax for spas be waived to help support the domestic tourism industry. Finance Minister Korn Chatikavanij said the proposal would cut the tax to zero from 10% now. Under the law, the excise tax for spas is set at a maximum of 20% of revenues, with an effective rate currently at 10%.

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The Thaivest Editorial Team is a dedicated group of writers and editors with a passion for Thailand's vibrant economy, culture, and lifestyle. With diverse backgrounds in finance, economics, and journalism, we provide valuable insights into living well in Thailand, making money online, and practical tools for navigating its dynamic market. Our mission is to keep our readers informed about the latest developments, opportunities, and challenges in Thailand's economic and cultural landscape. Stay connected with Thaivest for reliable, well-rounded coverage of all things Thai.

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