2023-12-29 15:07:08
Bangkok 29 Dec. – The Revenue Department urges online product platforms with revenue exceeding 1,000 million baht to remit the revenue through the revenue electronic system.
Mr. Winit Wisetsuvarnabhumi Deputy Director General of the Revenue Department As a spokesperson for the Revenue Department, he said that after the Director-General of the Revenue Department issued an announcement (on December 27, 2023) that online platforms Service providers through intermediaries Connects between store operators and consumers. (Does not include businesses under the supervision of BOT or SEC) registered in Thailand. and have income in the accounting period exceeding 1,000 million baht, submit a special account. that shows income information online As the Revenue Department developed the system to specifically support
Because at present the online product business is expanding rapidly. To facilitate domestic platforms in proving income. The Revenue Department has developed a system to receive large amounts of information in electronic form. Therefore, online platform providers such as TikTok, Facebook, Youtube, Shopee must show their income through the Revenue Department’s system. Effective from January 1, 2024 onwards, to be submitted within 150 days from the end of the accounting period. This is the same deadline as filing the annual corporate income tax form (P.N.D.50). For example, if there is an accounting period starting from 1 Jan. 2024 to 31 Dec. 2024, there will be a deadline. Information must be submitted around May 2025, etc.
in delivering information Supports both e-entrepreneurs, self-delivery platforms, and using service providers to facilitate and reduce the use of paper a lot It also lays the foundation of the Digital Tax Ecosystem for comprehensive and fair tax collection. and improve the service level of the Revenue Department Emphasis on service, keeping taxpayers at the center, truly Taxpayer Centric.-515-Thai News Agency
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