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Thailand Tax

The Value Added Tax (VAT) System in Thailand

Newsletter No. 2 (EN)The Value Added Tax (VAT) System in Thailand   May 2017   The rate of Thai Value Added Tax is currently at 7 % Question:         In which cases does a company have to add Thai VAT on the invoiced amount?(A German company gets...

Withholding Tax on Dividends in Thailand

Newsletter No. 69 (EN)Withholding Tax on Dividends in Thailand   May 2017     I.     Introduction Whenever a Thai Company pays dividend to its shareholders, such dividend is normally subject to income tax at the rate of 10%. However, there are...

The Withholding Tax System in Thailand

Newsletter No. 3 (EN)​  March 2017     I.  Introduction A Thai Company which pays taxable income to individuals/companies is generally obliged to withhold income tax based on the provision of the Revenue Code of Thailand and remit the same to...

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