Thailand Government agrees to keep 7% VAT rate for one more year

Thailand’s Revenue Department has confirmed that the Value Added Tax (VAT) rate of 7% will continue following the Cabinet’s approval of a proposal to extend the period for reducing the VAT rate until 30 September 2027. The Ministry of

Thailand's Cabinet has approved extending the reduced value-added tax rate of 7% for another year from 1 October 2026 to 30 September 2027 in a press release issued on 27 July 2026. The current reduced rate was set to expire on 30 September

Thailand's Cabinet approved in principle a draft Royal Decree under the Revenue Code at its meeting on 21 July 2026, revising tax measures supporting Social Enterprises through amendments to Royal Decree (No. 735) B.E. 2564 (2021). According to

The Thailand Revenue Department has issued a guidance, on 7 July 2026, outlining the method that companies and juristic partnerships must use to convert foreign currency, foreign currency-denominated assets, and liabilities into Thai currency when

Thailand's Cabinet has approved a two-year extension of tax measures designed to encourage wider adoption of the country's electronic tax system, including incentives for investment in electronic tax infrastructure and continued preferential rates

Thailand's Cabinet approved the signing of the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GloBE MCAA) at its meeting on 16 June 2026, according to a Revenue Department press release. The agreement, developed