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Countries in Southeast Asia introduce taxes on e-commerce

Jan, 22, 2023 Hi-network.com
Following the exponential growth of e-commerce in Southeast Asian, several ASEAN governments are introducing taxes on e-commerce sales or considering to do so, such as Singapore, Thailand and Malaysia. Malaysia is amending a few of the tax laws, especially with regard to the Goods and Services Tax (GST), to collect taxes from foreign companies that offer digital services in the country, whereas Thailand is proposing to repeal the VAT exemption on imported goods worth less than 47 dollars. Taxing online sales would level the playing field with bricks-and-mortar peers.
 

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