(Post Today photo)The government has threatened to take legal action against retail shops and department stores who raised their products' price ahead of the shopping tax break period. Last week the cabinet approved the shopping tax break to spur year-end consumption during the festive season. This is the third straight year for a year-end tax incentive. However, Mr Boonyarit said the department pledged to investigate more on this issue and will circulate letters to all department stores to warn them against any unreasonable price changes. In a related development, retailers are spending heavily on their sales campaigns to boost year-end figures during the shopping tax incentive.

Source: Bangkok Post November 14, 2017 21:56 UTC