BANGKOK (NNT) – Thailand’s Finance Ministry says Thailand will enforce the e-service tax law, which collects value-added tax (VAT) from foreign e-service operators, from September 1st.
According to the Finance Ministry, e-services subject to this legislation include e-commerce platforms, online advertising, online accommodation booking, online music and film streaming, online games and applications. The 7% value-added tax will apply to businesses that earn more than 1.8 million baht in online sales annually.
Full story: National News Bureau of Thailand
Reporter: Subhabhong Rarueysong,
Rewriter: Hugh Brammar
National News Bureau of Thailand