Measures for the taxation of foreign e-business in Thailand were first proposed in 2017, and new value-added tax (VAT) rules have now been enacted and were published in the Royal Gazette on 10 February 2021. The new rules are effective from 1 September 2021. Their main objective is to enable the collection of VAT on electronic services rendered by e-business operators in foreign countries to non-VAT operators in Thailand.
Source: essentiaglobalservices.com
Latest Posts in "Thailand"
- President Trump Issues Notices on Reciprocal Tariff Rates Effective 1 August 2025
- Thailand Cracks Down on Billion-Baht VAT Fraud Network in Major Economic Crime Operation
- Police Dismantle Major VAT Fraud Ring, Arrest Ringleader and Accomplices in Thailand
- Thai Authorities Uncover and Dismantle 1 Billion Baht VAT Fraud Network, Arrest 10 Suspects
- Police Raid 14 Locations, Uncover Billion-Baht VAT Fraud Network with 100,000 Documents Seized
