Tag: Tax
Prayut asks Revenue Dept to clarify its cryptocurrency tax policy
BANGKOK (NNT) – Thailand’s Prime Minister has ordered the Revenue Department to provide a clear explanation on the new tax scheme for cryptocurrencies and digital [Read More…]
Cryptocurrency traders in Thailand subject to 15% capital gains tax
Thailand’s cryptocurrency traders will be subject to a 15% capital gains tax, according to the Bangkok Post. Taxes on cryptocurrency gains are one of the [Read More…]
Tax Cut to Attract Foreign Experts to Work in the Kingdom
BANGKOK (NNT) – The Revenue Department is mulling the possibility of reducing personal income tax for foreign experts to 17% in an effort to bring [Read More…]
Alcohol, cigar duty cuts dangled to lure foreigners
The Customs Department is preparing to lower duty on the import of alcoholic beverages and cigars by 50% for five years in line with the [Read More…]
Thai Authorities Will Collect E-service Tax from September 1st
BANGKOK (NNT) – Thailand’s Finance Ministry says Thailand will enforce the e-service tax law, which collects value-added tax (VAT) from foreign e-service operators, from September [Read More…]
Thailand Plans to Reopen for Foreigners, Adopt Tourist Tax for 2022
BANGKOK (Sputnik) – Thailand intends to gradually open the country to foreign tourists and introduce a tourist tax from 2022, the Khaosod newspaper reported on [Read More…]
VAT refund for tourists hiked to B30,000
The Revenue Department is set to raise the ceiling for value-added tax (VAT) refunds for tourists at downtown agents to 30,000 baht per traveller from [Read More…]
Mixed reactions to Finance Ministry’s cigarette tax hike proposal
The Finance Ministry’s plan to seek the Cabinet’s approval on a new rise in excise taxes that will result in the retail prices of cigarette [Read More…]
