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Thursday, March 15 5:37 PM SGT Thai Revenue Dept Tax Collection 6.4% Below Target In Feb BANGKOK (Dow Jones)--Thailand`s revenue department said Thursday its tax collections in February totaled 32.99 billion baht ($1=THB43.554), 6.4% below target. However, collections were 1.5% more than the amount of tax collected in February of last year, said Suparut Kawatkul the department`s director general. Value-added tax collection in February was at THB15.60 billion, 15.6% below target and down 2.3% over the same period of the previous year. February personal income tax collection totaled THB8.01 billion, 2.8% above target and up 3.6% on year, he said. Corporate income tax collection totaled THB6.42 billion, 10.2% above target and up 16.3% on year. During the first five months of the 2001 fiscal year, tax collected by the Revenue Department totaled THB171.47 billion, 1.3% above target and up 0.7% from the same period a year earlier. In view of the figures, Suparut said he was confident the department will be able to reach its tax collection target of THB490.21 billion for the 2001 fiscal year. Thailand`s fiscal year starts on Oct. 1, 2000. The finance ministry`s Permanent Secretary Somchainuk Engtrakul said he will meet with the Excise Department, Customs Department and Revenue Department next week to discuss measures to increase efficiency in tax collection. The Thai government`s budget for the year set spending at THB910 billion, with a THB105 billion deficit to be funded by government bonds and other debt paper. The revenue department accounts for only part of the government`s total revenues. |
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| aus der Diskussion: | Waste or make money in Thailand |
| Autor (Datum des Eintrages): | BodyG (15.03.01 17:56:10) |
| Beitrag: | 541 von 611 (ID:3109229) |
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