A new tax law on cross-border e-commerce transactions in Thailand is going to be imposed in April by it's Revenue Department. The development by the tax collection agency is intended to increase tax collection efficiency, particularly for fast-growing cross-border e-commerce transactions for which merchants are not required to pay value-added tax to the Thai government.
International e-commerce allows consumers to shop online, purchasing products from websites or marketplaces in other countries that hosts multinational merchants. Prasong Poontaneat, director-general of the Revenue Department said that imposing tax on revenues from digital marketing and advertising will be the next target for the department.
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