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Thailand to Implement VAT on Cheap Online Imports to Support Local Producers

  • Thailand’s Finance Ministry is considering collecting value-added tax on cheap online imports
  • The tax would mainly target goods imported from China
  • The goal is to create a level playing field for local producers
  • Cabinet approval will be sought next week for this initiative

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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