Personal Income Tax in Thailand
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 (%) |
| Baht | Baht | |
| 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.
