Thai PM aims to broaden tax base, bring in inheritance tax


  • World
  • Friday, 12 Sep 2014

Thailand's Prime Minister Prayuth Chan-ocha (R) reads out his government's policy, as Deputy Prime Minister and Defence Minister Prawit Wongsuwan listens, at the Parliament in Bangkok September 12, 2014. REUTERS/Chaiwat Subprasom

BANGKOK (Reuters) - Thai Prime Minister Prayuth Chan-ocha said on Friday his military-backed government aimed to broaden the tax base in the new fiscal year beginning next month, bringing in an inheritance tax among other changes.

In his first speech to an appointed parliament since seizing power in a military coup in May, the army chief, who became premier in August, gave no indication on how long he would stay in power to push through planned reforms.

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