Thailand's tax collections registered THB 158.92bn in February.

By bne IntelliNews March 18, 2013
Thailand's government revenue from tax collections grew 9.3% y/y registering THB 158.92bn in February this year, which was higher than expected. As reported by The Bangkok Post, Somchai Sajjapongse, director general of the Fiscal Policy Office at the Finance Ministry, stated that the increase in tax collections during the period was due to the higher excise tax on cars and on petroleum concessions, heightened by the government's first car scheme and higher than expected petroleum production. The tax collections were posted at THB 830.23bn during October last year and February this year.

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