Category: Thailand Tax
New Tourist Tax? Thailand Government Plans Overtourism Solutions
Due to the overwhelming number of tourists returning to Thailand after the pandemic, tourist operators have urged the government to take action against overtourism. One of the primary measures being planned is a new tourist tax on all those entering the country in hopes that it will help combat overtourism by funding government initiatives to […]
VAT Imposed on Imported Goods in Thailand in 2024
From May 2024 onwards, the Thai government plans to introduce a 7% value-added tax (VAT) on all imported goods valued at one baht or more, regardless of their origin. However, imported goods priced below 1,500 THB per parcel will be exempted from this tax initiative to alleviate the burden on smaller transactions. Protecting local businesses […]
