The Thai government has reportedly issued a second draft of its proposal to subject foreign suppliers of e-services to value added tax (VAT). The government is not planning to move forward with plans to introduce a withholding tax or expand the scope of taxable presence (PE) rules in order to directly tax foreign e-commerce sales into Thailand, but such approaches could be reconsidered in the future.
The latest proposal provides that foreign suppliers will be required to register and accoun…