Thailand offers tax waiver on cash-back from ‘Eat, Shop, Spend’ scheme

Government Spokeswoman Narumon Pinyosinwat. - The Nation

BANGKOK (The Nation/ANN): The Cabinet on Tuesday (March 4) agreed to waive personal income tax on financial privileges given to registered consumers under the government’s economic stimulus package 'Eat, Shop, Spend' in phase 2 and 3, government spokeswoman Narumon Pinyosinwat said.

The campaign, which ran from the third quarter of 2019 to early 2020, is aimed at promoting domestic tourism and consumption to boost the country’s economy amid the global economic slowdown due to the international trade war.