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Wireless

Amazon, Facebook to start collecting VAT on e-commerce sales in Thailand

Friday 11 October 2019 | 09:21 CET | News
The Thai government plans to force online companies such as Amazon and Facebook to collect value-added tax on e-commerce sales, The Bangkok Post reports, citing Pinsai Suraswadi, principal adviser in the government's Revenue Department. Cross-border purchases by Thai customers routed through global online marketplaces, as well as increasing domestic sales in the social-commerce sector, should be taxed. However, overseas vendors are not always aware of these obligations, and many Thai used selling products via social media avoid them.

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Categories: Mobile & Wireless
Companies: Amazon
Countries: Thailand
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