New law for foreign firms in the works

26 June 2018
Bangkok Post
Laws and regulations
foreign firms / report transactions / value-added tax / VAT

The Revenue Department plans to propose a law stipulating that foreign entities with no physical presence which earn income in Thailand must report their transactions here to be inspected for value-added tax (VAT) payment.

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 Wichit Chantanusornsiri

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New law for foreign firms in the works

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