- Ministry of Finance preparing to bring online sales platforms into Thai tax system
- Online platforms must register for VAT and may be subject to personal and corporate income tax
- VAT exemption for imported goods under 1,500 baht revoked to create tax equity
- Revenue Department collecting VAT for electronic services from foreign online platforms
- E-service tax law requires foreign online providers to register for VES system
- Cabinet orders measures to prevent illegal sales of foreign goods
- Requiring online platforms to register for VAT will allow access to transaction data
Source: bangkokpost.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.
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