Thai Revenue Department Embraces Digital Transactions & Outreach

Thai Revenue Department Embraces Digital Transactions & Outreach

MPG Tax Update illustrates the Revenue Department Announcement No. 28/2020, dated April 28, 2020 and the Announcement No. 29/2020, dated May 9, 2020. The Revenue Department, along with the Bank of Thailand, Thai Bankers’ Association, and the International Banking Association, now supports digital transactions and will provide corporate income tax returns through the PromptPay system beginning May 1, 2020.

Please read the full update HERE.