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Thai Cabinet Extends Reduced VAT Rate on Imports, Goods, and Services Until 2025

  • Thai Revenue Department announced extension of reduced 7 percent VAT rate
  • Cabinet approved resolution to extend end date to Sept. 30, 2025
  • Previously set end date was Sept. 30, 2024
  • Extension applies to imports, goods, and services

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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