Thailand Personal Tax Assessable Income
The Thailand personal income tax law imposes tax on the assessable income of individuals according to tax residency, and according to the place where assessable income is derived (or earned), as follows:
For the purpose of taxation under Thailand's Revenue Code, there is only one (simple) law determining tax residency for individuals, that being:
Resident of Thailand
For a resident of Thailand, assessable income is:
Non-Resident of Thailand
For a non-resident of Thailand, assessable income is:
The Thai tax law categorizes assessable income under Section 40 of the Revenue Code as eight (8) different types of income, as follows:
Assessable Fringe Benefits Income
There is no employer-paid fringe benefits tax in Thailand, and the Thai personal income tax law defines assessable income to include "any benefits received in respect of any category of income".
For foreign national employees in Thailand, the Big 4 assessable fringe benefits income (that the Revenue Department's tax audit officers are always looking out for) are as follows:
Car allowances are assessable fringe benefits income, but physical cars that are provided by employers to employees are not treated as assessable fringe benefits income.
For details on deductions and allowances:
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.