Thai SMEs Call for VAT on Imported Goods Below 1,500 Baht
4 June 2024 15:42
150 BANGKOK, June 4 (TNA) – Thai SME entrepreneurs have been urging the government to impose a 7% value-added tax (VAT) on imported goods valued at or below 1,500 baht. They argue that the current exemption for such goods creates an unfair playing field, as Thai businesses are still subject to VAT on all their sales. […]