Amazon, Facebook face Thai tax crackdown in latest backlashThe government considers forcing online giants such as Facebook to collect value-added tax on e-commerce sales. “Current rules put the responsibility on the customer to come to us to pay the value-added tax. The country collected 806 billion baht of value-added tax in 2018, according to official data. Mr Pinsai said the administration is also weighing whether to impose customs duties on low-value cross-border purchases by Thais, which are growing fast. “There’s exponential growth in the revenue of e-commerce in comparison to the flat growth of tax revenue collection,” Mr Pinsai said.
Source: Bangkok Post October 09, 2019 02:26 UTC