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Thailand Implements VAT on Low-Cost Imported Goods

Thailand Implements VAT on Low-Cost Imported Goods

Thailand has announced a 7% value-added tax (VAT) on imported goods priced under 1,500 baht (approximately US$40.93) effective from July to December, according to a finance ministry representative on Friday, June 21.   Currently, imported goods under 1,500 baht...
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