VAT stays at 7% for another year

Finance Minister Uttama Savanayana confirmed on Tuesday (September 10) that the Cabinet has agreed to maintain value added tax (VAT) at 7 per cent for another year and has vowed to keep a close eye on the economy. “Originally the 7 per cent VAT was set to expire at the Read More

VAT gradually falling short of 2019 target

The Revenue Department estimates that value-added tax (VAT) collection will fall short of the target for this fiscal year because of waning domestic consumption and the stronger baht, and the shortfall could extend to next year if the situation remains unchanged. VAT collection, an indicator of domestic consumption, was 0.5% Read More

Plizz” บริษัทสตาร์ทอัพบุกเบิกระดมทุนในแพลตฟอร์ม “Live”

Plizz ประกาศเข้าร่วมแพลตฟอร์มการระดมทุน ‘Live’ ภายใต้ตลาดหลักทรัพย์ จุดประสงค์เพื่อการระดมทุนต่อยอดธุรกิจและขยายตลาด

(more…)

New law for foreign firms in the works

If you buy, sell or do business in any way in Thailand, the new tax man Ekniti Nitithanprapas wants you paying taxes even if you never set foot here. (Photo by Pawat Laopaisarntaksin)    The Revenue Department plans to propose a law stipulating that foreign entities with no physical presence Read More