“Cheers! Thailand Says ‘No Tax’ on Booze” – A Tipsy Twist to Boost Tourism!

Source: World Of Buzz

Thailand had a fantastic 2023 for tourism, hosting a whopping 3.8 million Malaysian pals. And guess what? The party’s not over – 2024 might be an even bigger blast! Here’s the lowdown, spiced up for your reading pleasure!

According to the chit-chat from Bangkok Post, the Thai bigwigs gave a thumbs-up to slashing taxes on alcohol and party spots to pump up tourism vibes.

Source: 123RF

Chai Wacharonke, the government’s talking head, spilled the beans that wine taxes are sliding from 10% to a cool 5%, and spirits? Well, they’re taking a free fall to 0%. Even the party zones, like nightclubs, are getting a tax trim – from 10% to a breezy 5%.

But, hold onto your shot glasses! These tax perks are just for the wild ride of 2024, and the clock hits midnight on December 31.

Source: 123RF

Lavaron Sangsnit, the finance whiz at the Thai Ministry, chimed in, saying any losses from these tax breaks will be patched up by tourists splurging more. Talk about turning hangovers into happy endings!

This booze bonanza follows Thailand’s move to keep the party rolling until 4 am for night owls back in November 2023. Last year, they hit the bullseye with 28 million tourists, raking in a staggering 1.2 trillion baht (that’s a whopping RM162,346,770,720.00)!

What’s your take on this tipsy tax tale? Pour out your thoughts in the comments – we’re all ears!”

Note: This article is an original information from World Of Buzz and For the full details, please check the original source.

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