The government's e-tax scheme will be rolled out in mid-2017, with plans to encourage companies to enter the system voluntarily rather than forcing them, says Finance Minister Apisak Tantiworavong.
"We will begin with the large firms first as they are more ready to enter the system right now. We might need to take three years to encourage businesses of all sizes to enter the e-tax system," said Mr Apisak.
The Thai government's e-payment scheme comprises an IT system and regulations to accommodate e-payments, e-tax invoicing and e-withholding tax in a bid to collect tax efficiently.
The scheme is also designed to encourage national digital economy development.