Three agencies will still get 'sin tax'

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Three agencies will still get 'sin tax'
THE NATION

BANGKOK: -- THE PUBLIC broadcaster Thai PBS, Thai Health Promotion Foundation and the Sport Development Fund will continue being funded by the so-called "sin tax", charter drafters resolved yesterday.

The Constitution Drafting Committee (CDC) dropped a proposed clause from the draft charter that granted the three agencies a four-year "grace period", after which their funding from levies collected from the sale of |alcohol and cigarettes would have stopped, a source said.

Now the CDC has added a provision requiring that these agencies' spending be assessed by a panel set up by the national evaluation commission, to ensure the money is spent efficiently, the source said.

A ceiling will also be set to limit the amount of "sin tax" allocated to the three agencies. Relevant existing laws will be amended in two years to facilitate these changes.

Source: http://www.nationmultimedia.com/national/Three-agencies-will-still-get-sin-tax-30266337.html


-- The Nation 2015-08-11