Electronic Publications Eligible for Registration as Value Added Tax Businesses

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The bill allows owners of e-newspapers, e-magazines and online e-textbooks to register with the Department of Revenue and will make these products taxable like their physical counterparts.

The Council of Ministers has approved in principle a bill allowing electronic versions of newspapers and textbooks to be registered and eligible for collection of value added tax (VAT).

Deputy Government Spokesperson Traisulee Traisoranakul explained that the bill allows owners of e-newspapers, e-magazines and online e-textbooks to register with the Revenue Department. This decision will make these products taxable like their physical counterparts.

She noted that electronic newspapers, magazines and textbooks supplied as online services are currently exempt from VAT. However, due to a lack of regulations supporting the practice, service providers are unable to register them as VAT eligible items.

Traisulee said the bill will give electronic information service providers the same right to pay taxes as their peers who conduct similar activities through other channels.


The deputy spokesperson also said that if the bill becomes law, it would increase the number of taxable businesses and provide more business opportunities. In addition, entrepreneurs will benefit from other tax advantages, as well as increased customer confidence. (NNT)


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