- Thailand’s Finance Ministry is considering collecting value-added tax on cheap online imports
- The tax would mainly target goods imported from China
- The goal is to create a level playing field for local producers
- Cabinet approval will be sought next week for this initiative
Source: news.bloombergtax.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.
Latest Posts in "Thailand"
- Thailand Delays Decision on VAT Rate Increase Amid Economic Concerns and Uncertainty
- Director-General of Revenue Department Announcement on VAT Registration Changes and Procedures
- Thailand Plans VAT Increase to Boost Tax Revenue by 600 Billion Baht Amid Economic Challenges
- Thailand Ends VAT Payment Extensions for Foreign E-Service Providers by August 2025 Deadline
- Revenue Department Launches New D-VAT & SBT System to Enhance Tax Services from September 1, 2025
