Mazars Thailand Tax Update - Stamp Duty on Credit Service Agreements
On 7 June 2012, a Notification of the Director-General was issued by the Revenue Department to require that providers of personal credit services, which are under supervision by the law governing the control in business affecting safety and peace of the public, pay duty in cash in lieu of affixing stamps on hire purchase agreements and loan agreements made with their customers.
Keywords: Mazars, Thailand, Tax, Revenue Department, Personal credit services
This notification is effective from 7 June 2012.
Source: The Revenue Department