Podcast
In the first episode of The Practical goes back to the very beginning. Before the forms. Before the deadlines. Before the penalties. Together, they ask the question most people never think to ask. Why does tax exist in the first place? Our Tax & Legal experts explore why tax is not just a legal obligation, but the foundation of how societies and economy's function. From public services to government policy. From VAT to income tax. From ancient trade routes to modern compliance.
When thinking of Thailand's tax system, Corporate Income Tax is often the first thing that comes to mind. VAT is another tax many people are familiar with. But these are only part of a much broader tax system that affects individuals and businesses in different ways. Some taxes apply to everyday purchases. Others arise when signing contracts, transferring assets, receiving income or carrying out business activities. There are also taxes that many people rarely encounter or even realise exist, despite the important role they play in Thailand's tax framework. In this episode, our Tax & Legal experts walk through the major taxes that shape Thailand's tax system, explaining how they work and what each tax means in practice.
In this episode, we explore the key findings of Thailand's proposed tax reform agenda. From low tax collection efficiency and a narrow tax base to the challenges of the informal economy and income inequality, our hosts break down the reasons behind the government's push for reform and discuss the potential implications for businesses, taxpayers, and the economy as a whole. Stay tuned as we unpack the issues shaping the future of Thailand's tax system.
In this episode, our hosts explore some of the biggest tax reform questions facing Thailand today. From the proposal for a National Tax Authority and the growing role of AI in tax administration, to the debate around a VAT increase and new compliance measures for online sellers, this conversation unpacks what these changes could mean for businesses, SMEs, and individual taxpayers.
