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In this journal research investigation, the researcher analyzes the influence of the tax structure of the Kingdom of Thailand (Thailand) on its economic development. In carrying out this investigation, the researcher collected qualitative data from the contents of in-depth interviews with key informants. Germane quantitative data were collected by means of constructing and applying a macroeconomic model incorporating a model of Thailand’s tax structure. Relevant annual time series data from the period between 1997 and 2016
Were analyzed with the following results: If tax measures were used to ensure that the nation’s economy grew efficiently, the method of reducing direct taxes would have to be utilized. The income tax rates for both personal income and corporate income tax would have to be reduced in addition to reducing special business tax by five percent. Indirect taxes in the case of value added tax (VAT) is five percent, excise tax and export tax would have to be reduced by five percent. If these tax reduction measures were adopted and applied to Thailand’s economy, the results would show economic growth of 462,783.40 million baht, thereby constituting an increase of 3.22 percent.
Academic articles, research articles, and book reviews in the Ph.D. in Social Sciences Journal are author’s opinions, and not the publisher’s, and is not the responsibility of the Ph.D. in Social Sciences Journal Philosophy Association, Ramkhamhaeng University. (In the case that research is done on human, the researcher has to be trained in Ethics for Doing Research on Human Training and has to produce the evidence of the training).
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