Tax-collecting agencies unlikely to meet targets
The revenue target for the three tax-collecting agencies this fiscal year is unlikely to be met after the Covid-19 outbreak disrupted business activities.
The Revenue Department’s tax collection fell short of its target by 2.2% for the first half of this fiscal year, and the magnitude of the economic downturn is expected to escalate in the latter half, said Sommai Siriudomset, principal adviser on strategic tax administration at the department.
Wichit Chantanusornsiri
