- Thailand has extended the reduction of the standard Value Added Tax (VAT) rate until 2025
- The existing VAT rate reduction period now goes until September 30, 2025
- A reduced VAT rate of 6.3 percent will apply to VAT liabilities incurred between October 1, 2017, and September 30, 2025
- The decree will come into effect on October 1, 2021
Source: globalvatcompliance.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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