Thailand’s excise tax framework is entering a phase of calibrated reform, driven by strong revenue performance and evolving fiscal and environmental policy objectives. The Ministry of Finance has set a 2026 excise revenue target of approximately THB 578 billion, representing a 7.6% year-on-year increase. Early indicators are robust: first-quarter collections exceeded target by 7.58% (approximately … Continue reading Excise Tax Structure Under Review Amid Revenue Expansion and Policy Realignment