The blockchain technology for VAT refunds will shorten the process in the document verification and lower management cost as details of their purchases at the shops will be shared in real time with the Revenue Department and the Customs Department.
Source: pattayamail.com
Latest Posts in "Thailand"
- Key VAT Rules for Influencers in Thailand: Registration, Filing, and Compliance Essentials
- Tax Guidance for Selling Obsolete Inventory Below Market Value in Thailand: Key Rules and Documentation
- Government Dismisses Rumors of VAT Increase, Affirms No Plans to Raise Tax Rate
- Thailand’s VAT Hike: A Shift from Low-Cost Image to Value-Driven Economic Confidence
- Senate Panel Proposes VAT Hike to 10% to Address Rising Public Debt in Thailand














