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Thailand latest country to plan a tax on digital services

Thailand on Tuesday approved a draft bill requiring foreign digital service providers to pay a value-added tax (VAT), becoming the latest country in Southeast Asia to seek to boost tax revenues from international tech companies.

Foreign e-business operators that provide electronic services to non-VAT registrants in Thailand will be required to register for and pay Thai VAT and file VAT returns with the Revenue Department if they exceed a threshold of THB1.8 million per year.

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