- The Ministry of Finance will start collecting value-added tax on imported goods with a value of less than 1,500 baht
- This decision was made to help SMEs and ensure fairness between foreign and local sellers
- The Ministry of Finance will work closely with the Ministry of Commerce to assess the impact on international relations
- The government aims to address the issue of unfair competition between foreign and local sellers
- The Customs Department will propose laws to register and tax online platforms selling goods in Thailand
- The Ministry of Finance plans to present draft laws to the Cabinet in May 2024 for further consideration
- Measures will be implemented to collect taxes on low-value goods through the Customs Department while awaiting legal processes
Source: pptvhd36.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
