Thailand Personal Income Tax rate for 2017-2018. Capital gain, Corporate TaxThailand Personal Income Tax Rate for 2017-2018 for Individuals. Capital Gain and Corporate / Companies Tax Rates for Residents and Non Residents

 

 

Thailand Personal Income Tax Rate for 2017-2018 (from 2017 onwards)

Net Income (THB) Tax Rate
Up to 150,000 0%
150,001 to 300,000 5%
300,001 to 500,000 10%
500,001 to 750,000 15%
750,001 to 1,000,000 20%
1,000,001 to 2,000,000 25%
2,000,001 to 5,000,000 30%
Over 5,000,000 35%

 

Personal Tax Rates for Non Resident in Thailand for 2017-2018

Gross Income (THB) Tax Rate
Flat rate of Tax on Gross Income Received 15%

 

Capital Gain Tax

Thailand has no separate capital gain tax

 

 

Thailand Corporation Tax for 2017-2018

Standard Corporate Tax Rate - 20%

 

Companies and juristic partnerships with paid-in capital not exceeding THB 5 million at the end of any accounting period and income from the sale of goods and/or the provision of services not exceeding THB 30 million will be subject to tax at the following rate:

Net Profit (THB) Tax Rate
0 to 300,000 0%
300,000 to 3,000,000 15%
Over 3,000,000 20%

 

Reduced Corporation Tax Rate in Thailand

Banks are subject to tax at the rate of 10% on their profits derived from lending to non-Thai residents from foreign currency funds obtained from non-Thai sources.

 

 

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