Value Added Tax (VAT) is an indirect tax imposed on the consumption of goods and services. In Thailand, VAT is a significant source of revenue for the government, and understanding its intricacies is essential for businesses operating in the country. This article will explore the various aspects of Thailand VAT, including registration, exemptions, rates, and filing procedures. We will also discuss the potential impact of the Thai governments recent proposal to impose VAT on foreign digital service providers.
Source: techbullion.com
