Thailand authorities approve tax cut on diesel to help mitigate the impact of high energy prices

Thailand authorities approve tax cut on diesel to help mitigate the impact of high energy prices
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

17.02.2022

MOSCOW (MRC) -- Thailand's cabinet on Tuesday agreed to cut the excise tax on diesel by 3 baht (USD0.0928) per liter for three months, from 5.99 baht currently, to help mitigate the impact of high energy prices, reported Reuters.The tax cut will reduce revenue by 17 B baht (USD526 MM), but that should be partially offset by a rise in other tax revenue as the economy is recovering, Finance

Full article at mrcplast.com

Back

news