Will this mean Cheaper Beer?

[Coss]

Cabinet approves lower excise taxes for liquor, nightclub services

By Pattaya Mail

January 4, 2024

Lawan Sangsanit, Permanent Secretary of Finance, said these proposals give priority to community-based tourism, improve the quality of local produce, and position tourism-related services as key drivers for the national economy.

The Cabinet has approved a set of proposals to reduce excise taxes for liquor and entertainment venues, in an effort to boost national revenue through tourism.

The proposals, which aim to position Thailand as a tourism hub and encourage spending by tourists, will cut the excise tax imposed on wine from 10% to 5%, and the alcohol duty down from 1,500 baht per liter to 1,000 baht per liter. As for locally-made liquor, the excise tax will be waived but the alcohol duty for liquor with 7% alcohol volume will remain unchanged.

Lawan Sangsanit, Permanent Secretary of Finance, said these proposals give priority to community-based tourism, improve the quality of local produce, and position tourism-related services as key drivers for the national economy.

He said these new measures are expected to increase tourist spending on alcoholic drinks by 3%, and raise tourist-generated revenue by 2.9 billion baht, with an average spending per person increased to 43,400 baht.

The Thai government has also introduced a temporary excise tax reduction from 10% down to 5% for entertainment venues which include nightclubs, pubs, and bars. This lowered rate will remain applicable until 31 December 2024. (NNT) LINK 

[Mekong]

5 hours ago, Coss said:

will cut the excise tax imposed on wine from 10% to 5%, and the alcohol duty down from 1,500 baht per liter to 1,000 baht per liter.

Surely 

• Not all Bottles of wine are the same price so duty is not a fixed amount
• it duty is 1500 Baht @ 10% then it is only 750 Baht @ 5% not 1000 Baht, that is 6.667%
• Only Local tourist drink Local made Liquor, it won’t affect Johnny Walker etc what foreigners usually drink
• The Nightclubs and Bars will just pocket the 5% reduction not actually reduce prices

Another piece of top class journalism from Pattaya, what is in the water there.

[My Penis is hungry]

All the locals I know like Mekong said drink hard liquor, either local brands or imported

 

I laugh at the wineries I used to pass on the way North, high import duty to protect this vibrant important local industry

 

cough cough cough

 

Beer was a special item, but then I only drink with villagers or some High Tech industry types, maybe theres a difference,