According to a recent World Bank study, a rise in VAT from 7% to 10% would lift revenue by up to 1.6% of GDP, with a bigger impact on high-income groups.
Source: bangkokpost.com
According to a recent World Bank study, a rise in VAT from 7% to 10% would lift revenue by up to 1.6% of GDP, with a bigger impact on high-income groups.
Source: bangkokpost.com
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