7% VAT firm for another 2 years | Bangkok Post: breakingnews

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7% VAT firm for another 2 years

The cabinet on Tuesday agreed to delay for another two years an increase in the value-added tax (VAT) proposed by the Finance Ministry, government spokeswoman Sansanee Nakpong said.

The delay is from Oct 1, 2012 to Sept 30, 2014.

From Oct 1, 2014 the VAT levy will be 9 per cent.

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