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Thai Official Gazette: Royal Decree Extends VAT Rate Reduction to 2025

  • Royal Decree No. 790 in Thailand extends the standard VAT rate reduction to Sept. 30, 2025
  • The reduced VAT rate is set at 6.3 percent for VAT liability incurred between Oct. 1, 2017, and Sept. 30, 2025
  • The decree enters into force on Oct. 1, 2024.

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.

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