Tax Section - Doing Business
You will find here a series of summaries providing an overview of useful tax regulations, processes and tax issues for Doing Business in Thailand.
Tax filing deadline extensions - August 2021
On 23 August 2021, the Thai government issued three notifications extending the deadlines for filing several types of tax returns electronically.
Update on VAT registration of e-services
On 16 August 2021, the Revenue Department issued Notification of the Director-General of the Revenue Department on Value-added Tax (No. 241) (“Notification No. 241”) which specifies rules, procedures and conditions for filing a VAT registration application and notifying authorities of changes in VAT registration for non-resident electronic service providers and electronic platform operators.
Guidelines on VAT imposed on e-services
Under the Act Amending the Revenue Code (No. 53), non-resident electronic service providers and electronic platforms which receive income of more than THB 1.8 million a year from providing electronic services to customers that are not VAT registrants in Thailand and that use the services in Thailand must register for VAT, file VAT returns, and pay VAT by calculating output VAT without deducting input VAT or issuing a tax invoice, starting from 1 September 2021.
E-commerce tax rulings
E-commerce is the sale of goods or the provision of services through computer networks and telecommunication systems or electronic media.
Tax filing deadline extensions - June 2021
As the impact of COVID-19 is still severe and the virus continues to spread across the country, the Ministry of Finance issued Notification No. 5 on 14 May 2021 extending the deadline for filing electronically the returns mentioned above for 2 additional months – June and July 2021.