Thailand to extend VAT to digital services

30 June 2020

Thailand is set to extend its VAT regime to apply to the sales of electronic services supplied by non-resident (foreign) companies to consumers in the country.

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

This new tax will be subject to a 1.8m Baht (approx. £47k) annual threshold and will apply to a range of electronic services including streaming games, music, apps, films, e-books, e-journals and internet services.

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