Govt to increase alcohol tax again

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HHTel
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Re: Govt to increase alcohol tax again

Post by HHTel » Sun Oct 01, 2017 5:25 am

Absolutely correct. I misread the article I was reading.
Sugary drinks also be subject to higher taxes. Soft drink taxes will be Bt0.13 to Bt 0.50 per bottle, but sugar-free soft-drink will be taxed less by Bt0.28 Bt0.36 per bottle.
I read it as being taxed less than sugary drinks. Reading it again it appears a tax reduction .28 to .36 baht

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404cameljockey
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Re: Govt to increase alcohol tax again

Post by 404cameljockey » Sun Oct 01, 2017 7:51 am

Bluesky wrote:
Sun Oct 01, 2017 12:10 am

Full article Bangkok Post 17 September 2017

https://www.bangkokpost.com/news/genera ... e-in-b12bn
"The director-general noted the new tax rates would not push up the cost of living as most of the products under the excise tax are not essential items and some of them are harmful to people's health."

Lying while rubbing his hands. He knows very well that the inelastic demand for 'sin products' will affect the cost of living of the majority of the population. These items should definitely be included in any cost of living index.

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Re: Govt to increase alcohol tax again

Post by buksida » Mon Oct 16, 2017 7:32 am

Mini-mart draught beer tax mulled
The Excise Department found issue with sales of draught beer at convenience stores and is ready to regulate the business if any operators offer the product.

Convenience stores can legally use an automatic machines to dispense beer for sale if they have a licence to distribute alcoholic drinks, but the department does not support the sales, said director general Krisada Chinavicharana.

Brewers need a licence to sell beer on tap, but not convenience stores, he said.

As convenience store operators have voluntarily cancelled the sale of draught beer, the Excise Department will not issue any regulations to supervise the business, as such a move could be perceived as encouraging operators to start selling the product.

CP All, which runs 7-Eleven stores in Thailand, recently announced an end to the sale of draught beer at its outlets in the face of opposition after it launched a pilot project at 18 stores last month. FamilyMart, another convenience store operator, has also followed in the footsteps of CP All by abolishing such sales.

Separately, Mr Krisada said that nightclubs only contribute minimal revenue to the Excise Department. During the first 10 days of the 2018 fiscal year, the department obtained one million baht from bars and nightclubs.

He said that the Excise Department has issued additional regulations, requiring all restaurants with live music, alcohol sales and business hours ending after midnight to pay tax.

According to the Excise Department's previous regulations, only night clubs with dance floors were subject to the tax. But in the Santika pub case, a court ruled the venue was liable for the tax as it served alcoholic drinks and people danced, prompting the regulatory change.

Mr Krisada recently said the Excise Department's revenue target of 600 billion baht for this fiscal year is reachable based on the country's economic momentum. The department's revenue goal of 600 billion baht is 7% higher than its 2017 fiscal year revenue collection of 560 billion.

https://www.bangkokpost.com/business/ne ... tax-mulled
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HHTel
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Re: Govt to increase alcohol tax again

Post by HHTel » Mon Oct 16, 2017 8:00 am

Interesting that the dept's published motivation for increasing tax (sin tax) was to reduce the purchase of alcohol and cigarettes yet they increase their revenue target by 7%! Tells it's own story as to their 'motivation'.

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Re: Govt to increase alcohol tax again

Post by 404cameljockey » Mon Oct 16, 2017 4:51 pm

HHTel wrote:
Mon Oct 16, 2017 8:00 am
Interesting that the dept's published motivation for increasing tax (sin tax) was to reduce the purchase of alcohol and cigarettes yet they increase their revenue target by 7%! Tells it's own story as to their 'motivation'.
Yep spot on, the UK budget every year does the same to one or more products but at least they have the honesty to admit that it's to grab more tax. The inelasticity of demand for 'relaxation' products (betting, alcohol, booze) means that an increase in price (even by taxation) does not produce a significant reduction in demand. So the treasury of course gets a boost, and yes, it's disingenuous of them if they claim they do it to reduce demand!

I'm amazed they haven't found a way to tax prostitution yet here. :)

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Re: Govt to increase alcohol tax again

Post by caller » Tue Oct 17, 2017 12:54 pm

404cameljockey wrote:
Mon Oct 16, 2017 4:51 pm
I'm amazed they haven't found a way to tax prostitution yet here. :)
Just as with property tax, the elite, being the ones most affected, would object! :D
Talk is cheap

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