Revenue Department Imposes VAT Legislation on Foreign E-Service Providers

MPG update illustrates the Revenue Department Announcement No. 35/2020, dated on June 9, 2020. The Revenue Department has proposed legislation that makes VAT registration compulsory for foreign e-Service providers and digital platforms with incomes exceeding 1.8 million baht per year. Such companies will also be liable for remitting VAT to the Revenue Department.

Please read the full update HERE.