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Thailand e-commerce withholding VAT

  • Apr 27, 2019 | Richard Asquith

Thailand has proposed a withholding tax on e-commerce sales of goods and services. The measure is particularly aimed at sales to non-resident online sellers who are showing high levels of VAT evasion. VAT in Thailand is 7%.

The tax would be set at 5%, and would be deducted by the payment provider facilitating the transactions. The provider would then forward the funds to the Thai Revenue Agency. Taxable supplies would include: goods; auction sites; online advertising and affiliate marketing services; digital services; and online gaming.

VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which won International Tax Review's 2020 Tax Technology Firm of the Year. Richard trained as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.
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