Headline rule
- The corporate income tax rate in Thailand is 20 % on net profit (accounting periods 2015) . However, the rates vary depending on types of taxpayers
Published taxpayer rate rows
- Small company: - Net profit from 300,000 not exceeding 3 millions baht -> 15%
- Companies listed in Stock Exchange of Thailand (SET): Net profit -> 20% (accounting periods 2015)
- Companies newly listed in Stock Exchange of Thailand (SET): Net Profit -> 20% (accounting periods 2015)
- Company newly listed in Market for Alternative Investment (MAI): Net Profit -> 20% (accounting periods 2015)
- Bank deriving profits from International Banking Facilities (IBF): Net Profit -> 10%
- Foreign company engaging in international transportation: Gross receipts -> 3%
- Foreign company not carrying on business in Thailand receiving dividends from Thailand: Gross receipts -> 10%
- Foreign company not carrying on business in Thailand receiving other types of income apart from dividend from Thailand: Gross receipts -> 15%
- Foreign company disposing profit out of Thailand.: Amount disposed. -> 10%
- Profitable association and foundation.: Gross receipts -> 2% or 10%
Domestic withholding reference on the same official page
- Dividends: 10 %
- Interest: 1 %
- Royalties: 3%
- Advertising Fees: 2%
- Service and professional fees: 3 % if paid to Thai company or foreign company having permanent branch in Thailand; 5% if paid to foreign company not having permanent branch in Thailand
- Prizes: 5%