Digital Tax Ecosystem in Thailand

Thailand is digitizing its tax system with a goal to create a comprehensive digital tax ecosystem by 2028.
The Thai Revenue Department is extending infrastructure for electronic invoice exchange and reporting of account and tax information with specialized service providers.
Incentives include double deduction for investments made for the Electronic Tax System and discounts for using e-tax system service providers.
Service providers will now store tax documents in electronic form.
The e-invoicing implementation timeline is as follows:
- by 2024, service providers must issue, archive, and deliver electronic invoices on behalf of taxpayers;
- by 2025, large companies should issue electronic invoices;
- by 2027, large companies should file their tax returns electronically; and
- by 2028, all entrepreneurs should file taxes electronically.

E-invoicing