Thailand Domestic Payments Withholding Tax Rates
Thailand has an extensive withholding tax system for domestic payments, and for various types of payments, a "payer of income" is required to deduct withholding tax from a payee and then remit the deducted withholding tax to the Thai Revenue Department within 7 days after the end of the month of payment.
The types of prescribed payments and the rates of withholding tax required to be deducted by a “payer of income” to a payee in Thailand are as follows:
* The 5% rate applies for payments made to a foreign company carrying on business in Thailand without a permanent branch office in Thailand.
A “payer of income” is also required to provide a “withholding tax deduction certificate” to the payee.
This Tax Insight is general information only. It should not be used to determine any particular matter without consulting with an experienced Thailand tax advisor.