Article

Cryptocurrency taxation guidelines released

On 31 January 2022 the Thai Revenue Department released a comprehensive guide for individual taxpayers on the taxation of cryptocurrencies and digital tokens.

Insight

Social Security contribution rate reduced to 2.5% for June – November 2021

Social security contributions in Thailand for both employers and employees have been reduced from 5% to 2.5% for six months from June to November 2021, to alleviate the suffering of...

Article

Latest tax return filing deadlines – August 21 update

The Revenue Department has announced more deadline extensions for e-filing of tax returns due in the upcoming months.

Article

Latest tax return filing deadlines – July 21 update

We summarise the latest filing deadlines for company mid-year tax returns and for monthly VAT and withholding tax returns in the upcoming months.

Article

Revenue Department issues VAT guide for foreign e-service providers

The guide is in English and provides detailed information about VAT on electronic services provided to non-VAT registrants in Thailand by non-resident service providers.

Article

Foreign e-service providers liable to VAT in Thailand starting 1 September 2021

Starting from September this year, foreign e-commerce businesses will be liable for VAT on services provided to customers in Thailand that are not VAT registrants. In addition to boosting VAT collections,...

Article

January 2021 Thailand Tax Update

Summary of recent tax developments in Thailand, and a reminder of important reporting dates for employers in the next few months.

Insight

17% flat tax rate for employees working in targeted industries in the Eastern Economic Corridor (EEC)