How to Navigate Thailand’s New VAT Requirements for Sales of Digital Products and Services
FastSpring
SEPTEMBER 1, 2021
Due to the impact of the pandemic, the country reduced its VAT rate from 10% to 7% through September 30, 2023. To track compliance with this new regime, Thailand’s Revenue Department is maintaining a public list of non-resident digital businesses that register for VAT. Value Added Tax (VAT) was introduced into Thailand in 1992 at 10%.
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