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Thailand Turns To Treasury For Funds To Offer Tax Rebates

Thailand's Ministry of Finance reportedly plans to withdraw Baht 30bn (US$1.02bn) from the country's treasury reserves to pay tax rebates for first-time car buyers in the country. The ministry had set apart only Baht 7bn of its own funds towards these rebates. This situation arose because far more cars have been It’s time to log … Continued

Thailand's Ministry of Finance reportedly plans to withdraw Baht 30bn (US$1.02bn) from the country's treasury reserves to pay tax rebates for first-time car buyers in the country. The ministry had set apart only Baht 7bn of its own funds towards these rebates.

This situation arose because far more cars have been

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