30 June 2017
A VAT bill is currently being reviewed by Thailand’s government which would introduce a 5% withholding value added tax on all e-commerce goods and service transactions.
If introduced the new tax would be charged and collected via banks and credit card companies in the country, instead of suppliers. It would also apply to both resident and non-resident providers of these types of goods and services.
It is thought that this tax would be levied when the sale is made from the online market places (including Amazon, eBay, Facebook and Instagram for example).
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