The Thai Revenue Department issued a third draft of proposed value added tax (VAT) regulations.
The regulations, as proposed, would affect foreign e-commerce operators and electronic platforms available to the Thai market. For instance, there are the following provisions in the current draft of the proposed regulations.
The effective date of these measures generally would be after their publication in the Royal Gazette.
At present, it is not certain if or when the proposed VAT regulatory amendments would be finalized.
What do foreign companies providing electronic services to non-VAT registered recipients in Thailand need to consider?
Read a January 2020 report prepared by the KPMG member firm in Thailand
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