Personal Income Tax in Thailand
Who must pay taxes in Thailand ? There is a difference for Residents and Non-Residents. A Resident is a person who stays in one calendar year more than 180 days in Thailand.
A Resident must pay tax for income in Thailand and for income from abroad, if it is brought from abroad into Thailand.
A Non-Resident has to pay tax only for income generated in Thailand.
Taxable Income = Income – Deductions – Allowences
Like in other countries there are different deductions and allowences, which can be deducted from the income before calculating the Tax :
|Taxable Income p.a.||arginal taxable income p.a.||Tax Rate (%)|
|0 – 150,000||150,000||Exempt|
|150,001 – 500,000||350,000||10|
|500,001 – 1,000,000||500,000||20|
|1,000,001 – 4,000,000||3,000,000||30|
|4,000,001 and over||37|
Income from the sale of a Property shall not be included in the income unless it was made for commercial propose.
Please note, that the corporate income tax is different.