Thailand

On 17 August 2026, the Thai Customs Department, in close collaboration with the Revenue Department Investigation Bureau, concluded a high-impact enforcement operation codified under Announcement 20/2569. The operation targeted the widespread issuance and circulation of fraudulent tax invoices, a practice that undermines the integrity of Thailand value-added tax system and facilitates significant revenue leakage. Authorities […]

As of 02 August 2026, Thailand’s Revenue Department confirmed that the value-added tax (VAT) rate of 7 percent will remain unchanged for the entire 2025-2026 fiscal year. The circular, published on the department’s official website, reiterates the government’s decision to retain the reduced VAT level introduced to support economic recovery and to provide stability for