Revenue Department orders platform to submit income accounts “Online store” starting 1 Jan. 67
The Revenue Department issues an announcement ordering platforms registered in Thailand. and have income in the accounting period of more than 1,000 million baht, submit income information Online stores within 150 days from the end of the accounting period, starting 1 Jan. 67
Ms. Kulaya Tantitemit, Director-General of the Revenue Department, issued an announcement on December 27, 2566, regarding income tax, concerning the requirement for electronic platforms to maintain a special account for submitting revenue information of businesses to the Revenue Department. This will be effective for data covering accounting periods from January 1, 2567, onwards.
Ms. Kulaya Tantitemit, Director-General of the Revenue Department
The following conditions are stipulated : Electronic platforms registered in Thailand that have or have had revenue exceeding 1,000 billion baht in an accounting period must maintain special accounts, or accounts, showing information on the electronic platform's revenue received from operators and online merchants selling goods or services on the platform. These accounts must be submitted to the Revenue Department within 150 days from the last day of the accounting period.
In addition, data must be linked and transmitted. through the electronic system of the Revenue Department as well
For the many platforms that provide services in Thailand, such as e-Commerce businesses, food and product delivery services such as Shopee, Lazada, Line Man, Grab, Tiktok, etc.
Reference: https://www.rd.go.th/fileadmin/user_upload/kormor/newlaw/dgpf271266A.pdf
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