According to the Thai Securities and Exchange Commission, investors had opened only 170,000 accounts with an exchange or digital asset trading center licensed by the SEC by 2020.

On 9 June 2020, the Cabinet of Thailand approved a bill amending the Revenue Code to impose a value added tax (the "VAT") on overseas providers providing services through digital platforms...

Self-reporting of customs violations in Thailand is normally carried out at the ports. However, in 2020, the Customs Department launched a campaign called the One Stop Service Program...

Thailand's cabinet has approved draft legislation to impose a financial transactions tax (FTT) on securities trading in the Stock Exchange of Thailand (SET).

On June 9th, 2020, the Thai Cabinet approved a draft amendment to the Thai Revenue Code which would impose a value-added tax (VAT) on foreign E-service providers and E-platform operators

Tilleke & Gibbins' Bangkok-based aviation specialists have authored the Thailand chapter of Aviation Finance & Leasing 2025 from Chambers and Partners. This annual guide examines the key legal issues impacting aircraft lessors, lessees, and financiers in 37 jurisdictions worldwide

A newly enacted law, The Act for Exemption on Penalties, Surcharges, and Criminal Offenses and Support of Operations Under the Revenue Code BE 2562

The Royal Decree issued under the Revenue Code B.E. 2481 (1938) on the Exemption from Taxes (No. 779) B.E. 2566 (Royal Decree No. 779), which came into force on August 16, 2023...

In a significant move towards enhancing the domestic tourism sector, the Cabinet has endorsed a series of tax measures tailored to ignite domestic tourism on June 4, 2024.

The digital investment token is a fund-raising mechanism comparable to securities governed under regulatory framework of similar nature.

The act will come into effect on September 1, 2021.

Immigration authorities at both the One Stop Service Center and the Immigration Bureau in Chaengwattana are requesting additional documentation to support long-term visa extensions and renewals.

A new Excise Tax Act was enacted on 18 March 2017 and published in the Royal Gazette on 20 March 2017.

VAT-registered businesses in Thailand face a recurring problem: input VAT claims are rejected when suppliers fail to remit collected taxes, leaving good-faith buyers liable for additional assessments, surcharges, and penalties. Tax specialists at Tilleke & Gibbins examine recent Supreme Court rulings, the evidentiary burdens placed on taxpayers, and practical strategies for building dispute-ready supplier documentation.

On the 2nd of January 2024, the cabinet granted its approval for substantial tax reductions and exemptions on alcoholic beverages, marking a strategic initiative to fortify the tourism sector.

Digital assets pursuant to the Emergency Decree on Digital Asset Businesses B.E.2561 (2018) consist of cryptocurrencies and digital tokens ("Digital Assets").

In light of the Covid-19 virus crisis that is causing the current economic downturn which is affecting businesses across the kingdom, The Royal Thai Government recently approved Phase One of a...

Business languages: Thai and English, and in some circles Japanese, several Chinese dialects, Bahasa Melayu, and other languages of South Asia.

As Thailand enters fiscal year 2026 (beginning 1 October 2025), attention turns to how the Thai Revenue Department (TRD) plans to strengthen its revenue collection, following last year's performance.

Apart from the general tax regime (which can include income tax, value-added tax (VAT), stamp duty and import duties), an aircraft or engine sales agreement is not subject to a specific tax or stamp duty.