Bangkok: Thailand's cabinet has approved a tax cut on alcoholic beverages and entertainment venues to boost tourism, a government spokesperson said on Tuesday.
Taxes on wine will be reduced from 10 per cent to 5 per cent and on spirits from 10 per cent to zero, Chai Wacharonke told reporters, adding that excise tax on entertainment venues will be halved from 10 per cent to 5 per cent.
The tax measures will expire at the end of this year, he said. Thailand in November extended opening hours for entertainment venues by two hours to 4 am for night-time revellers and tourists. Thailand reached its target of 28 million tourists in 2023, government data showed.
Published 02 January 2024, 09:13 IST