Author Archives: adminductri

Thailand is preparing to raise airport taxes for outbound passengers starting in 2026, a shift that will push up ticket prices for millions of travelers passing through its busiest international airports. Deputy Prime Minister and Transport Minister Phiphat Ratchakitprakarn said the Civil Aviation Authority of Thailand (CAAT) has approved a plan to increase the Passenger […]

China will impose a 13% tax on condoms and other contraceptives starting next year, ending a three-decade tax-exemption policy as the country struggles with a severe population decline. The revised Value-Added Tax (VAT) Law states that consumers must pay 13% VAT on birth-control products that have been exempt since 1993. At the time, Beijing removed […]

Coca-Cola Vietnam has lost a lawsuit seeking to overturn tax authorities’ decision requiring it to pay VND821 billion (US$31.1 million) in back taxes and penalties. The HCMC People’s Court on Thursday dismissed the beverage giant’s administrative lawsuit seeking to annul the tax claim, which was issued on Dec. 25, 2019, by the director general of […]

Gold bar sales will be subject to a 0.1% tax, according to a new law passed Wednesday by the National Assembly. But lawmakers left the task of determining the taxable threshold and implementation schedule to the government. The government had said earlier that taxing gold was a necessary step to curb speculation and direct more […]

Wealthy families and large companies in Indonesia are facing intensified tax scrutiny from the government before 2025-end amid high national budget deficit. Tax authorities have stepped up checks on high-net-worth taxpayers, summoning some to review their filings as part of efforts to shore up collections in what has been a weak year for revenue in […]