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TAXATION

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					TAXATION


Pol THIRAKHUPT
 INTRODUCTION
Getting to Know Each Other
Scope of the Course
Reference
Evaluation
Overview of Taxation
Getting to Know Your Teacher
Pol THIRAKHUPT
Legal Officer
Bureau of Legal Affairs
Revenue Department
90 Soi Aree (Paholyotin 7) Bangkok 10400
Tel: 0-2272-8402 Fax: 0-2617-3392
E-mail: pthirakhupt@yahoo.com
 Getting to Know You!

Bio Data
           SCOPE
Major Taxes under the Revenue Code
(1) Personal Income Tax
(2) Corporate Income Tax
(3) Value Added Tax
(4) Specific Business Tax
      Tentative schedule
Jan 11: Introduction
Jan 18: Personal income tax
Jan 25: Personal income tax
Feb 1 : Personal income tax
Feb 8 : Corporate income tax
Feb 15: Corporate income tax
Feb 22: Corporate income tax
       Tentative schedule
March 1 : Value added tax
March 8 : Value added tax
March 15: Value added tax
March 22: Value added tax
March 29: Specific business tax
April 5 : Presentation
April 12 : Presentation
April 19 : Wrap-up session
      REFERENCE

 The Revenue Code
     ก            ก
 Tax planning and compliance in
Asia:Thailand
  CCH Asia Pte. Limited
        Evaluation

Report and Presentation 30%

Final Examination 70%
EVALUATION : REPORT

 Groups of ~5 students for each topic
 Presentation will be held on April 5 and 12
 Each group will have 30 minutes for
presentation
Any topic related to taxation
EVALUATION : FINAL


  4 essay questions covering topics
taught during the semester
OVERVIEW OF TAXATION


 Tax Revenue in the Budget
 Direct Tax VS Indirect Tax
         TAX REVENUE
Budget : 1.36 Trillion

Tax Revenue ~ 91.9%
( ~1.25 Trillion )         Non Tax
                           8.1%        Tax     Tax
                                     Revenue
                                      91.1%    Non Tax
 Non Tax Revenue e.g.
Loan, Profits from State
Enterprises ~ 8.1%
( ~110,000 M )
       Tax Revenue
         Collected by
Revenue Department
  63.9%
Excise Department     19.8%
Custom Department      7.6%
Others             8.7%
Tax Revenue as Percentage of
          GDP
Thailand =17.5%   France = 47%
Malaysia = 20%    Denmark = 50%
                  USA = 30%
                  Canada = 36.2%
Tax Collected By Revenue Department
Personal Income Tax
Corporate Income Tax
Value Added Tax       Revenue Code

Specific Business Tax
Stamp Duty
Petroleum Income Tax Petroleum Income Act
Taxes Collected by Excise Department

 Luxury goods such as tobacco, liquor,
 perfume, and passenger cars

 Gasoline
Taxes Collected by Customs Department


☺ Import   Duty

☺ Export   Duty
Classification of Taxes in the
         Tax System
By the tax base
By the tax burden
Classification by Tax Base
Income tax
Consumption tax or Sales tax
Capital tax or Property tax
  Classification by Tax
         Burden
Direct tax
Indirect tax
Direct Tax Vs Indirect Tax
 Taxpayer = Any person
who has a legal duty to
pay tax
 Tax Bearer = Any person
who bears tax burden
Direct Tax Vs Indirect Tax


  Direct Tax: No shifting
in tax burden
  Taxpayer = Tax bearer
Direct Tax
      State

Taxpayer = Tax Bearer
       Indirect Tax

Indirect Tax : Shifting in Tax Burden

Taxpayer = Tax Bearer
Indirect Tax
   State
    Taxpayer



    Tax Bearer

				
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posted:3/20/2010
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