reader Posted December 24, 2024 Posted December 24, 2024 From Pattaya News On December 24th, 2024, Deputy Finance Minister Paopoom Rojanasakul announced that the Thai Cabinet had approved an extension of the reduced excise tax rate for entertainment venues, lowering it from 10% to 5% of revenue for another year. The measure, set to take effect from January 1st to December 31st, 2025, is designed to support Thailand’s economic recovery and bolster its tourism sector. This tax cut aligns with the government’s “Amazing Thailand Grand Tourism Year 2025” initiative, aimed at increasing tourism activity, distributing income to local communities, and attracting more international visitors. Affected businesses include nightclubs, discos, pubs, bars, and cocktail lounges. vinapu 1 Quote
