Thailand proposes to introduce VAT on electronic services

28 February 2018

Thailand is proposing to introduce VAT at 7% on the provision of electronic services in the country.

At present, foreign businesses providing digital services in Thailand do not have to charge VAT on their sales. However, in an effort to remove the unfair advantage that this gives to non-resident companies over Thai resident providers, the Thai government is proposing to implement VAT at 7% on the these types of transactions.

If introduced this new tax will be subject to a Baht 1.8 million threshold (approx. £41,000) and will likely apply to a range of electronic services including streaming games, music, apps, films, e-books, e-journals and internet services.

LATEST NEWS

Kuwait government rules out the implementation of VAT

Kuwait’s government has recently confirmed a new four-year plan, which rules out the implementation of VAT before 2028.  Instead, the country will look at...

SEE MORE
VAT news
LATEST NEWS

Morocco introduces VAT on e-services for non-resident...

From 14 February 2024, Morocco introduced VAT at 20% on the sale of digital services by non-resident providers to local consumers.  Previously, foreign...

SEE MORE
VAT news
LATEST NEWS

Polish Ministry of Finance issues new National...

The Polish Ministry of Finance recently announced a round of nine public consultations ahead of a newly proposed July 2025 launch date of KSeF B2B e-invoicing...

SEE MORE
VAT news

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.