Deliveries made in execution of the guarantee established on real estate . Payments in kind are subject to VAT, but the person who delivers the property is not the one who declares it. The person who receives it does so.
In the execution of works , with or without the contribution of materials, as well as the transfer of personnel for their execution, as a result of contracts directly formalized between the developer and the contractor that have as their object the urbanization of land or the construction or rehabilitation of buildings. If the developer is a private individual, no investment will be made.
In the case of rehabilitation of a business premises by the tenant , the rehabilitation works may be carried out in buildings that are owned by both the rehabilitator and third parties.
Resellers of consoles, mobile phones, tablets and laptops .
The seller or service phone number in thai provider must indicate on the invoice that it is exempt from VAT, indicating the reason for the exemption at the bottom of the invoice: “Exempt from VAT by application of article 84.One.2.c) of the LIVA”.
Article 164 of Law 37/1993 on VAT establishes the formal obligations of VAT taxpayers. Let us analyze them in detail:
Mandatory VAT books
Filing tax returns
Filing census returns
Billing obligations
Information obligations
Mandatory VAT books
VAT regulations establish that every business or professional must keep the following record books.