The Value-Added Tax (VAT) is collected from the sale of goods or services, whether produced domestically or imported. Business operators with a duty to register for VAT can do so via two methods
Many may wonder what types of tax invoices exist and how they differ from each other. The Revenue Department provides information and details on the types of tax invoices
Many perceive tax matters as complex, complicated, and difficult to understand. However, paying taxes is a significant responsibility, a testament to being a good citizen of a country.
The Specific Business Tax (SBT) is a type of tax under Thai law, collected from certain types of businesses specifically defined by law. It replaces the abolished trade tax and is collected separately from the Value Added Tax (VAT).
"Withholding income tax" refers to a method of prepaid tax collection. The law mandates that the payor must deduct taxes from the income paid to the recipient each time such income is disbursed.
Copyright 2022, The Government Public Relations Department
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