Online vendors, influencers warned over tax compliance

Quick Summary:

The Revenue Department issued a warning to independent business owners, particularly online vendors and influencers, to file their taxes correctly, insisting the department can leverage IT systems to monitor their tax compliance.

For the first three months of fiscal 2025, Mr Pinsai said revenue collection totalled 470 billion baht, surpassing the target by 3.9 billion.

However, he acknowledged challenges remain for the second half of the fiscal year, especially corporate income tax filings for the first half of the fiscal year, as during this period the economy did not expand significantly, which may impact business revenues and tax payments.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Income File Pinsai Fiscal First Year Comptroller-general Revenue System Data Department

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-10 @ 04:00:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 604 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 25020893

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Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 14 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 4 hours ago

Coverage Areas: Thailand

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Publisher ID: #66

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