labels: tax
The Revenue Department collected 2.16 trillion baht in revenue over 11 months, bringing 5.6 new online stores into its system.
The Revenue Department revealed that cumulative revenue collection for the first 11 months of fiscal year 69 reached 2.16 trillion baht, and expects to exceed the annual target by 4-5 billion baht. They have brought 1.73 new businesses into the system, including 5.6 online stores. The department believes that new entrepreneurs are willingly entering the tax system.Norway fears a new round of Trump tariffs after negotiations with the US failed to reach a resolution, urging the cancellation of the additional 12.5% tariff.
Norway has warned of the possibility of further tariffs from the United States in the coming months, after already facing a 12.5% tariff increase, higher than the EU's highest at 10%. The salmon industry is already beginning to feel the impact.China closes loopholes for tax evasion on foreign trusts and immediately begins collecting taxes on assets outside the country.
China has announced a new rule requiring taxpayers in China to report and pay taxes on income from foreign trusts, even if they have not yet received dividends or returns.Brazil reveals that approximately 2,000 products will avoid the new US tariffs, including coffee and orange juice.
Brazil has revealed that approximately 2,000 products, including coffee and orange juice, have escaped the new US tariffs, despite the Trump administration proceeding with tariffs of 12.5% on Brazilian goods and 25% on certain items.The United States and Mexico are scheduled to hold their fourth round of USMCA talks in September, despite continued disagreements on vehicle terms and tariffs.
The United States and Mexico are scheduled to hold their fourth round of USMCA talks in September amid disagreements over rules of origin and Section 232 tariffs, which continue to create uncertainty for businesses and investment.Canada is not ruling out retaliation after the US imposed a 50% tariff, and is urgently negotiating before the August 19 deadline.
Canada is not ruling out retaliation after the US imposed a 50% tariff, and is urgently negotiating before the August 19 deadline. The government is preparing to assist businesses and considering countermeasures if negotiations fail to progress.Thailand included! The US imposes tariffs of 10-12.5% on 60 trading partners, including Thailand, citing a failure to control goods produced under forced labor.
The United States has imposed tariffs of 10-12.5% on 60 trading partners, including Thailand, citing the lack of effective measures to prohibit the import of goods produced using forced labor. This covers over 99% of U.S. imports.Trump raises tariffs by 50% on Canadian imports in retaliation for allegations of trade discrimination.
Trump announced a 50% increase in tariffs on Canadian imports, citing Canada's discriminatory practices against U.S. goods and industries. Canada responded by stating it was ready to retaliate with similar tariffs.Russians are holding more cash, reflecting the slowdown of the war-torn economy and putting pressure on the government to collect taxes.
Russians are increasingly carrying cash after the government intermittently shut down mobile internet services in response to drone attacks from Ukraine, disrupting card payments. Many businesses are turning to cash to reduce their tax burden amidst a slowing economy and the government's need for increased revenue to fund the war effort, making tax collection more challenging.The United States has refunded nearly $2.2 billion in import tariffs after the Supreme Court ordered a halt to Trump's tariffs.
The United States refunded nearly $2.2 billion in import tariffs to businesses after the Supreme Court ordered a partial suspension of Trump's tariffs, resulting in negative customs revenue for the first time in May.
