3111087 - Thailand: VAT on Electronic Service Provided by Non-resident Business Person

As of September 1, 2021, non-resident electronic service providers and electronic platforms that earn more than 1.8 million baht per year from providing electronic services to non-VAT registered customers in Thailand are required to register for VAT. They must file VAT returns and pay VAT by calculating Output Tax without deducting Input Tax. The VAT amount is calculated by multiplying the service value in Thai Baht by the VAT rate of 7 percent. VAT operators must file VAT returns (P.P.30.9) and pay VAT monthly via the Simplified VAT system for e-Service (SVE). VAT returns are due from the 1st to the 23rd of the following tax month, and must be filed monthly, even if there is no income during that tax month.

• SAP S/4HANA Finance
• SAP S/4HANA

Thailand, GEN_VAT_DCL, e-service, output tax, VAT registration, VAT returns, non-resident service providers. , KBA , FI-LOC-FI-TH , Thailand , Problem