- Thai Government planning to introduce value-added tax on low-value consignments
- Legislation being drafted to lower exemption for low-value goods imports to THB1 from THB1,500
- Measure would be effective from May if approved by lawmakers
Source: answerconnect.cch.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 Maintains 7% VAT Rate for Another Year to Support Economic Growth
- Thailand Extends 7% VAT Rate for Another Year, Delaying Return to 10% Until 2026
- Caretaker Cabinet Extends 7% VAT to Mitigate Economic Impact Until September 2026
- Thai Cabinet Extends 7% VAT Reduction Until September 30, 2026 to Boost Economy
- Thai Cabinet Extends 7% VAT Rate for Another Year to Boost Economy