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Sunday, May 5, 2024

Thailand eyes taxes for foreign OTT content providers

“Thailand has to pay this amount to foreign service providers. The country collects value-added tax for the revenue earned through YouTube and Facebook, but the tax burden is shouldered by the Thai taxpayer. Foreign service providers do not pay any tax for OTT service,” said Takorn, who is also Thai Sang Thai Party’s secretary-general.

He was speaking at a House debate on an emergency decree on information exchange regarding the implementation of international agreements over tax and tariffs proposed by the Cabinet.

Takorn, formerly secretary-general of the National Broadcasting and Telecommunications Commission (NBTC), suggested that the law should also apply to foreign OTT operators who earn from their services available in Thailand.

“This way, Thailand will not lose its tax revenue to other countries,” he said.

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