How to Navigate Thailand’s New VAT Requirements for Sales of Digital Products and Services
FastSpring
SEPTEMBER 1, 2021
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. Previously, this type of business was not required to register for VAT. To calculate your VAT amount, multiply the service value in Thai Baht by the 7% VAT rate.
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