Online vendors are required to file taxes for the year 2024, with the Revenue Department mandating online platforms to disclose income data. This directive, effective from January 1 applies to all businesses, including e-Commerce, food and product delivery services like Shopee, Lazada, Grab, and TikTok.
These platforms, registered in Thailand and having an annual income exceeding 1 billion baht, are obligated to maintain special accounts. These accounts should display the income data of the online vendors selling goods or services on these platforms and must be submitted to the Revenue Department within 150 days from the end of the accounting period.
Online vendors wondering about the tax obligations for online businesses, the necessary documents for filing taxes, and the process of filing taxes can find comprehensive information here. It’s important to note that online sales are…
