News Forum - Fear of back taxes preventing some businesses from participating in government co-payment scheme

[Thaiger]

Signs are popping up outside restaurants and shops across Thailand, advising customers that they don’t accept payment via the government’s 50/50 stimulus scheme. Thai PBS World reports that a number of businesses are refusing to participate in the Khon La Khrueng (Let’s Go Halves) subsidy scheme, fearful that the government will come along and claim back taxes further down the road. According to the report, over 1.3 million stores and other businesses have joined phase 4 of the co-payment scheme. The government introduced the scheme last year in a bid to help a population feeling the financial pinch of Covid-19 […]

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[HolyCowCm]

Back taxes or the bend over rear-end taxes?

[Fanta]

Sounds like some shopkeepers don’t want to pay over any of the taxes they collect as the GST component of a sale. I wouldn’t either because it’s not as if any Thai government has ever had a good reputation for spending tax revenue wisely.