Bangkok Post – Online sales reporting ‘could bring in B10bn in taxes’

Rule requiring big platforms to report sellers’ income could nudge more into the tax system

A requirement for online platform operators to submit sellers’ income statements to the Revenue Department should increase tax revenue by roughly 10 billion baht, says Lavaron Sangsnit, permanent secratary of the Ministry of Finance.

The new reporting rules, which took effect on Jan 1, apply to digital platform operators registered in Thailand with annual revenue of more than 1 billion baht. Businesses already supervised by…