Showing 21 - 30 of 58
E-business tax bill on the cards for next year
Business, Wichit Chantanusornsiri, Published on 20/12/2019
» A draft bill on e-business tax, a levy on foreign-based online platform operators earning income in Thailand, is expected to be enforced next year, says the Revenue Department's head.
Back tax probe threat on the table
Business, Wichit Chantanusornsiri, Published on 06/12/2019
» The Revenue Department is warning 3 million individuals and 200,000 corporate firms to enter the formal tax system or risk facing backdated tax payment probes.
Revenue deploys carrot, stick strategy
Business, Wichit Chantanusornsiri, Published on 05/11/2019
» The Revenue Department plans to adopt a carrot and stick approach in an effort to add 3-4 million individual and corporate taxpayers to the system, its chief says.
GSB, ICBC forge network deal
Business, Wichit Chantanusornsiri, Published on 12/10/2019
» State-owned Government Savings Bank (GSB) has signed a memorandum of understanding on a business alliance with ICBC Thai, aiming to expand its local and Chinese clientele.
VAT gradually falling short of 2019 target
Business, Wichit Chantanusornsiri, Published on 09/09/2019
» The Revenue Department estimates that value-added tax (VAT) collection will fall short of the target for this fiscal year because of waning domestic consumption and the stronger baht, and the shortfall could extend to next year if the situation remains unchanged.
Customs eager to extend pre-arrival processing
Business, Wichit Chantanusornsiri, Published on 28/08/2019
» The Customs Department intends to extend Pre-Arrival Processing (PAP) service, which transmits customs declarations and import documents to customs authorities electronically before the goods arrive in the destination country for cross-border land transport.
Facebook's Libra may qualify for withholding tax
Business, Wichit Chantanusornsiri, Published on 28/06/2019
» Facebook's Libra traders will be liable for a 15% withholding tax if the Securities and Exchange Commission (SEC) identifies the stablecoin as a digital asset, says the head of the Revenue Department.
Agency raises tax issue
Business, Wichit Chantanusornsiri, Published on 11/06/2019
» The Revenue Department is calling on the new government to seek measures to compensate foregone tax revenue if populist campaign promises of lower taxes are realised.
Revenue Department seeks more authority
Business, Wichit Chantanusornsiri, Published on 23/04/2019
» The Revenue Department must be allowed to request information from business operators to prevent avoidance of a levy on foreign-based online platform operators earning income in Thailand, says its chief.
Revenue Department targets online vendors
Business, Wichit Chantanusornsiri, Published on 05/03/2019
» The Revenue Department aims to raise the number of individual taxpayers by 10% this year, with a focus on online vendors outside the tax system.