E-payment tax to take effect in 2020
The e-payment law, a tool for the Revenue Department to tax the income of non-salaried earners, particularly online vendors, will go into force from Jan 1, 2020.
It takes time to link systems between the Revenue Department and financial institutions, so the money transfer reporting requirement will be implemented in early 2020, said department spokesman Pinsai Suraswadi.
Wichit Chantanusornsiri
