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BUSINESS

E-service tax poised to surpass B5bn

Business, Wichit Chantanusornsiri, Published on 22/02/2021

» The Revenue Department expects tax revenue collection from the upcoming e-service tax to tally more than 5 billion baht per year as the pandemic crisis has stirred traffic on online platforms.

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BUSINESS

Foreign e-service firms liable for VAT

Business, Wichit Chantanusornsiri, Published on 13/02/2021

» Starting on Sept 1, overseas businesses providing online services in Thailand will be required to register for the 7% value-added tax (VAT) liability if their annual income exceeds 1.8 million baht, according to a Revenue Department official.