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DEDUCTION OF TAX AT SOURCE (DOC)

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					                                                                DEDUCTION OF TAX AT SOURCE
                                             Under D.R. Taw.Paw.4/2528 as amended by D.R.Taw.paw.101/2544

      TYPE OF ASSESSABLE INCOME                     PERSON LIABLE TO            A PERSON SUBJECTED TO TAX DEDUCTION                   TAX RATE         FORMS         DUE DATE
                                                        DEDUCT TAX                                                                     (percent)
1. Assessable income under Section 40(2) and - a juristic company or       (1) a juristic company or partnership carrying on              3.0      Por.Ngor.Dor.53

(3) of the Revenue Code such as brokerage         partnership                  business in Thailand                                                Por.Ngor.Dor.53
fee, fee of goodwill, copyright ,and other rights - other juristic bodies  (2) (2) a foundation or association (not including the        10.0
                                                                               foundations or associations designated by the
                                                                               Minister in a notification under Section 47(7)(b) of
                                                                               the Revenue Code)                                                                     Remitwithin
                                                                                                                                                                     7 days from
2. Section 40(4) of the Revenue Code, such as: - a commercial bank         (1) a juristic company or partnership carrying on             10.0      Por.Ngor.Dor.53   the last day
                                                                                                                                                                     of the month
   - interest from deposits                    - a company under the law       business in Thailand (not including a commercial                                      of which the
                                                                                                                                                                     payment
   - interest from bonds                       governing the undertaking       bank and a company under the law governing the                                        was made
   - interest from debentures                  of finance, securities, and     undertaking of finance ,securities ,and credit                      Por.Ngor.Dor.53

   - interest from bills, etc.                 credit foncier businesses       foncier businesses)
                                                                           (2) a foundation or association (not including the or         10.0
                                                                               associations designated by the Minister in the
                                                                               notification)
3. Section 40(4)(a) of the Revenue                - a juristic company or      - a commercial bank and a company under the law          1.0    Por.Ngor.Dor.53

   Code,only:                                     partnership                  governing the undertaking of finance , securities ,and
   - interest from bonds                          other juristic bodies (not   credit foncier businesses
   - interest from debentures                     including a commercial
                                                  bank or a company under
                                                  the law governing the
                                                  undertaking of finance,
                                                  securities, and credit
                                                  foncier businesses.)
4. Section 40(4)(a) of the Revenue Code ,         - a juristic company or      (1) juristic company or partnership carrying on          1.0    Por.Ngor.Dor.53

   only :                                         partnership                      business in Thailand (not including a commercial
   - interest from bonds                          other juristic bodies (not       bank and a company under the law governing the
   - interest from debentures                     including a commercial           undertaking of finance, securities, and credit              Por.Ngor.Dor.53

   - interest from bills                          bank or a company under          foncier businesses)
   - interest from loans                          the law governing the        (2) a foundation or association (not including the       10.0
   - interest from loans subjected to             undertaking of finance,          foundations or associations designated by the                                 Remitwithin
     withholding tax under the law governing      securities, and credit           Minister in the notification)                                                 7 days from
                                                                                                                                                                 the last day
     petroleum income tax only the portion of     foncier businesses.)                                                                                           of the month
                                                                                                                                                                 of which the
     which remains after the deduction of the                                                                                                                    payment
     tax withheld under such a law                                                                                                                               was made

   - the difference between the redemption
    value and selling price of a bill or a debt
    instrument issued by a juristic company
    or partnership or by any other juristic
    person and sold for the first time at the
    price below its redemption value
5. Dividends or shares or any other benefits    - a juristic company or (1)      a juristic company or partnership setup under       10.0   Por.Ngor.Dor.53

under Section 40(4)(b) of the Revenue Code.     partnership setup under          foreign law carrying on business in Thailand               Por.Ngor.Dor.53
                                                Thai law                   (2)    a juristic company or partnership setup under Thai 10.0
                                                - a mutual fund                  law (not including public companies and a limited
                                                - a financial institution        company which holds not less than 25 percent of
                                                under a specific law of          the shares with the right to vote of the limited
                                                Thailand setup for the           company paying dividend; and the limited
                                                purpose of lending to            company paying dividend does not hold shares in
                                                promote agriculture ,a           the limited company receiving dividend directly of
                                                commerce, or industry (not       indirectly.)
                                                including a joint venture)
6. Rent or any other benefits received from     - a juristic company or (1)    a juristic company or partnership carrying on         5.0    Por.Ngor.Dor.53

   letting out of properties under Section        partnership                  business in Thailand                                         Por.Ngor.Dor.53
   40(5)(a) of the Revenue Code such as         - pother juristic bodies (2)   a foundation or association (not including the        10.0
   letting out a building , house , any other                                  foundations or associations designated by the                Por.Ngor.Dor.3

   construction , etc. (but not including                                      Minister in the notification)
   ownership and the rent falls under the                                  (3) a person liable to personal income tax                5.0    Por.Ngor.Dor.53
   leasing agreement under                                                                                                                  Por.Ngor.Dor.3
   Taw.Paw.34/2534

    Rent of vessel under the law governing                                 (1) a juristic company or partnership carrying on         1.0
    promotion of merchant vessels , used for                                   business in Thailand
    international transport of goods.                                      (2) a person liable to personal income tax has a          1.0
                                                                               domicile or resides in Thailand
7. Income from liberal professions under        - a juristic company or    (1) a juristic company or partnership carrying on         3.0    Por.Ngor.Dor.53

   Section 40(6) of the Revenue Code:             partnership                  business in Thailand                                         Por.Ngor.Dor.53
   - law                                        - other juristic bodies    (2) a foundation or association (not including the        10.0
   - arts of healing,                                                          foundation or associations designed by the Minister          Por.Ngor.Dor.3
   - engineering,                                                                in the notification)
   - architecture,                                                           (3) a person liable to personal income tax has a          3.0
   - accountancy,                                                                domicile or resides in Thailand
   - fine arts
8. Remuneration from hire of work which falls - a juristic company or        (1) a juristic company or partnership carrying on         3.0          Por.Ngor.Dor.53

   under assessable income under :              partnership                       business in Thailand (not including foundations or
                                                                                                                                                    Por.Ngor.Dor.53
   - Section 40(7) of the Revenue Code (hide - a other juristic bodies            associations)
   of work whereby the contractor provides                                   (2) a juristic company or partnership setup under         3.0
   essential materials besides tools)                                             foreign law carrying on business in Thailand and                  Por.Ngor.Dor.3

   - Section 40(8) of the Revenue Code (hire                                      has a branch office situated permanently in
   of work)                                                                       Thailand
                                                                             (3) a person liable to personal income tax                3.0
9. Hire of work                                  - a person                  - a juristic company or partnership setup under foreign   5.0          Por.Ngor.Dor.53

                                                 - a juristic company or       law carrying on business in Thailand and does not
                                                   partnership                 have a branch office situated permanently in Thailand
                                                 - other juristic bodies
                                                 - an ordinary partnership
                                                 - a body of persons not
                                                   being a juristic body
10. Rewards in :                                                             (1) a person liable to corporate income tax               5.0          Por.Ngor.Dor.53
                                                                                                                                                    Por.Ngor.Dor.3
    - contest                                                                (2) a person liable to personal income tax                5.0
    - competition
    - lucky drawings
    - any other activities of a similar nature
11. Remuneration for public entertainers such                                (1) a recipient of income whose place of domicile is in   Income tax   Por.Ngor.Dor.3

    as:                                                                          a foreign country                                     rate         Por.Ngor.Dor.3
    - actors or actresses in a stage play,                                   (2) a recipient of income whose place of domicile is in   5.0
                                                                                 Thailand
      motion picture, radio and television
    - singers
    - musicians
    - professional athletes or any
      entertainment artistes.
12. Advertisement                              - a juristic company or   (1) a person liable to corporate income tax               2.0   Por.Ngor.Dor.53
                                                                                                                                         Por.Ngor.Dor.3
                                                 partnership             (2) a person liable to personal income tax                2.0
                                               - other juristic bodies
13. An assessable income under Section 40(8) - a juristic company or     (1) a juristic company or partnership carrying on       3.0     Por.Ngor.Dor.53

    of the Revenue Code only payment of          partnership                 business in Thailand (not including the foundations
                                                                                                                                         Por.Ngor.Dor.3
    assessable income arising from the         - other juristic bodies       or associations)
    provision of services but not including :                            (2) a person liable to personal income tax              3.0
    (1) payment of income under 8,9,11,12,15
         of which the deduction of tax at
         source has been specifically
         designated
    (2) payment of a fare for public transport
    (3) payment of hotel services and
         restaurant services
    (4) payment for premium of life insurance

14. Prize , discount, or any other benefits due                          (1) a juristic company or partnership carrying on         3.0   Por.Ngor.Dor.53

to sales promotion                                                           business in Thailand (not including foundations or
                                                                                                                                         Por.Ngor.Dor.3
                                                                             associations)
                                                                         (2) a person liable to personal income tax                3.0
                                                                             not including : a recipient of income who is the
                                                                             purchaser of goods other recipient of services who
                                                                             is an end user and has no objectives to resell such
                                                                                  goods or services
15. Remuneration for premium of non-life                                     A juristic company or partnership carrying on a          1.0    Por.Ngor.Dor.53

insurance                                                                    business of non-life insurance under the law governing
                                                                             non-life insurance in Thailand
16. Assessable income under Section 40(8) of     - a juristic company or     A juristic company or partnership                        0.75   Por.Ngor.Dor.53

the Revenue Code, only those payment of            partnership
assessable income from selling goods which       - other juristic bodies
are not subjected to withholding tax except      - a person not liable to
from selling of sheet rubber, cassava, jute or   income tax (not including
kenaf, maize, sugarcane, coffee beans, oil-      farmers under the law
palm seed; only in case where the purchaser      governing cooperative)
being an exporter or manufacturer.

				
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Description: Assessable income under Section 40(2) and (3) of the Revenue Code such as brokerage fee, fee of goodwill, copyright ,and other right (1)a juristic company or partnership carrying on business in Thailand (2)(2) a foundation or association (not including the foundations or associations designated by the Minister in a notification under Section 47(7)(b) of the Revenue Code)