Article:
“The second draft of the Thailand VAT legislation requires a foreign operator that provides services used in Thailand (irrespective of the residency of the consumer) through electronic media to a non-VAT registered person, to register and pay VAT if its annual VAT-able income exceeds the registration threshold of 1.8 million Baht. Transactions with VAT-registered customers are already subject to self-assessment VAT such that the new law may only be applicable to B2C transactions.”
Source: AseanBriefing
