The cabinet on Tuesday approved tax rebates for shoppers and cut land and building tax as well as property transaction fees, describing it as a combined New Year gift for the people and economic stimulus.
Deputy government spokeswoman Rachada Dhnadirek said shoppers would be able to claim income tax rebates on up to 40,000 baht of purchases between Jan 1 and Feb 15 next year, backed by paper or e-invoices. For the final 10,000 baht, shoppers must have electronic invoices.
