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Wednesday, August 10, 2022

The special 7% tax for online businesses in Thailand will go into effect tomorrow

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From yesterday (September 1), a special electronic service tax (e-service) will be collected on online platforms.

The 7 per cent tax applies to businesses that earn more than 1.8 million baht from online sales annually. The government expects to earn about 5 billion baht in the first year from this extra tax.

The government has been considering this e-service tax for two years before it was introduced early this year. Companies that must pay the tax include:

  • Online shopping platforms
  • Online advertising services
  • Online booking services
  • Media or Application Services
  • Intermediary providers.

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