by Teuvo Tuomi | Jun 23, 2024 | Taxation, Imports, Manufacturing, News, Shipping, Thailand, Trade
Thailand’s Finance Ministry will begin collecting value-added tax (VAT) on all imported goods, including those priced below 1,500 baht. The ruling is effective from 5 July until the end of the year, according to the Royal Gazette. The reason for collecting VAT...
by Teuvo Tuomi | Apr 18, 2024 | China, Economy, News, Thailand, Trade
The Thai government is considering imposing a 7% value-added tax on Chinese goods priced less than 1,500 baht (US$40) routed through Thailand’s free trade zones to protect local businesses impacted by the flood of cheap imports. Currently, goods not exceeding the...
