7% VAT firm for another 2 years
- Published: 7 Aug 2012 at 13.39
- Online news:
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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