Thai Revenue Dept. denies imported COVID-19 vaccines are double taxed
Thailand’s Revenue Department has refuted an allegation that it will levy double taxation on COVID-19 vaccines imported by the private sector, resulting in higher charges for inoculations.
Sommai Siriudomset, spokesperson for the Revenue Department and tax collection strategic advisor, confirmed today (Thursday) that the double taxation allegation is misleading and inaccurate.
She said that only 7% tax or VAT is charged, not 14%, as widely misunderstood, adding that importers are also eligible to have their VAT refunded or deduct it from their sales tax.