Web31 Dec 2024 · 4 April 2024. Section added on 'Duty on dumped and subsidised goods and import surges'. 28 July 2024. Deleted the following line "The commodity code system has … WebTo display the calculation results Users can always test and change values.
Personal Income Tax The Revenue Department (English Site)
Web23 Feb 2024 · Thailand Corporate - Other taxes Last reviewed - 23 February 2024 Value-added tax (VAT) The standard rate of VAT is 10%, but the rate is currently reduced to 7% until 30 September 2024 (unless further extended by the government). VAT is levied on … Web29 Aug 2024 · This study details the process of Thai tax reform based on interviews with policymakers in Bangkok. It traces changes in the country's tax regulations and uses tax data collected at both the local and national level. Tax reforms, particularly those on income taxes after the 1997 financial crisis, have resulted in a decreased tax burden on the ... gb31962
Value Added Tax (‘VAT’) in Thailand - Mazars - Thailand
Web27 Apr 2024 · Withholding tax rates in Thailand. The withholding rates for Thai residents are as follows: Service: Withholding tax rate: Interest: 1%: Transportation: 1%: Non-life insurance premiums: 1%: Advertising: 2%: ... Since withholding tax is calculated net of VAT (Net = THB 100,000), the amount to be withheld will account for 3,000 THB (=3% of Net ... Web25 Aug 2024 · 5. 7. The 7% VAT rate, which has been extended several times, was set to expire on Sept 30 this year. (Photo: Kitja Apichonrojarek) The cabinet on Tuesday approved the extension of the 7% value ... WebVAT rate measures taken by countries as part of the Covid-19 crisis are not reflected in this table given their temporary nature. ← 3. Antigua and Barbuda: ... Thailand: the standard VAT rate was increased from 7% to 10% on 1 October 2024. 16. Bhutan: a GST Act was approved by Parliament in 2024 for a possible implementation in 2024. gb31989