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Thailand

Vehicle sales recovery boosting Thailand excise tax collection

Reported on March 31, 2021, Thailand Excise Department revealed that the overall economy has gradually recovered as reflected by the department's tax revenue collection in the first 5 months of FY 2021 (October 2020-February 2021) which tallied THB 233 billion. Though declining 9.44% YoY, the department's tax revenue....

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