Foreign e-service firms liable for VAT
Measure comes into effect from September for those with annual income above B1.8m
Starting on Sept 1, overseas businesses providing online services in Thailand will be required to register for the 7% value-added tax (VAT) liability if their annual income exceeds 1.8 million baht, according to a Revenue Department official.
The e-service tax has been approved by parliament and published in the Royal Gazette.
E-service businesses liable for the VAT payment include those offering download services for movies, games, stickers, brokerage services and ads, said a Revenue Department official…
