Govt collects B3bn from foreign firms
New e-commerce law deemed effective
The government collected more than 3 billion baht in value-added tax (VAT) on the sales of goods from foreign online platforms between September and January.
If the trend continues, the kingdom is expected to rake in about 10 billion baht per year.
Government spokesman Thanakorn Wangboonkongchana said this is thanks to the enforcement of the e-service tax law, which started in September.
Mr Thanakorn said the number of registered services has increased to 127, with volumes of e-commerce worth 44.5 billion baht during the first five years. They paid a total of 3.12 billion baht in VAT during the five-month period, he said.
Since the law was put in place on Sept 1, 2021, foreign electronic service providers…
