Thailand, however, should prepare an effective mechanism for tax treatment and plug loopholes to respond challenges posed by the digital economy. VAT enforcement on non-resident DSPs would be a good start but the country still has a long way to go to properly capture the rise on the digital economy.
Source: bangkokpost.com
Latest Posts in "Thailand"
- Thailand Maintains 7% VAT Rate for Another Year to Support Economic Growth
- Thailand Extends 7% VAT Rate for Another Year, Delaying Return to 10% Until 2026
- Caretaker Cabinet Extends 7% VAT to Mitigate Economic Impact Until September 2026
- Thai Cabinet Extends 7% VAT Reduction Until September 30, 2026 to Boost Economy
- Thai Cabinet Extends 7% VAT Rate for Another Year to Boost Economy
