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E-commerce faces tax crackdown – Bangkok Post

E-commerce faces tax crackdown – Bangkok Post

Ms Kulthirath says policymakers should be able to collect taxes from foreign online vendors selling products in Thailand to encourage a fair playing field for Thai vendors who pay tax. The Revenue Department’s decision to require digital platforms to report revenue gained from their online merchants is expected to affect Thailand’s e-commerce landscape on many fronts.Online shop numbers on platforms might decline by 10% as some merchants might not want to divulge their actual income, according to analysts.The measure should give the department insight into merchants’ tax payments, ensuring fair competition among all local and overseas merchants.The department made the announcement on… 

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