Thailand e-Tax Invoicing
Update | March 2017
On 01 March 2017, the Director-General of Revenue issued Notification on e-Tax Invoicing by Email BE 2560 allowing businesses with annual revenue of not more than 30 million Baht to use the e-Tax Invoicing by Email system.
This Director-General’s Notification prescribes that VAT registrants who want to use the e-Tax Invoicing by Email system shall:
Tax Insight | January 2012
On 23 January 2012, the Director-General of Revenue issued Notification BE 2555 permitting the issuance, receiving and storage of Tax Invoices, Receipts, Debit Notes and Credit Notes in electronic format for the purpose of documentary evidence for the Revenue Code laws, but not for all VAT registrants.
This Director-General’s Notification prescribes that VAT registrants who want to issue receive and store Tax Invoices, Receipts, Debit Notes and Credit Notes in electronic format shall:
International businesses should note that because of the high incidents of VAT fraud and evasion in Thailand, e-Tax Invoicing is a controlled system in Thailand, not a liberal one like it is in Singapore, for example. And as e-Tax Invoicing is new and experimental for the Thailand Revenue Department, international businesses can expect to have implementation problems in Thailand.
This Tax Insight is general information only. It should not be used to determine any particular matter without consulting with an experienced Thailand tax advisor.