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Travel Information & Discount Hotel in Bangkok |
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Thailand Imposes "Luxury
Tax"
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Date: 22 January
2003
Thailand has announced plans to
enhance an excise duty on the entertainment industry. Entertainment
businesses from karaoke bars to massage parlors to cinemas will have
to pay a new tax which could be as much as 20%.
The tax would be imposed on
entertainment, gambling or anything which affected environment. The
plan is being introduced by the government as the revenue-raising
measure, not an attempt to limit the number of clients who go to
massage parlors or night clubs
The higher duty embraces the
telecoms as well. It is changing the system whereby telecoms
companies shared a percentage of their profits with public utilities
into a tax system. The government says this will introduce
transparency into the telecoms industry.
In addition, it is said that this
is a move to comply with World Trade Organization rules.
Return to: Bangkok
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