Speaking on Tuesday, Thailand's Deputy Finance Minister, Suchart Chaovisidh told reporters that the cabinet had agreed to scrap the unpopular revenue sharing arrangement which currently exists between private telecoms operators and the government in favour of a new tax.
Reporting on the Deputy Finance Minister's announcement, the Telecomasia.net news service revealed that the proposal to levy a tax of up to 50% on various telecoms services is part of the government's policy to liberalize the sector in line with World Trade Organisation obligations.
Although Mr Suchart did not give details regarding the exact tax rates, announcing that they will be available by the end of this month, analysts have suggested that the actual levels are likely to be much lower than 50%, with existing fixed line and mobile operators potentially parting with around 15% and 20% of pre-tax revenue respectively.
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