Tax Section - Doing Business
You will find here a series of summaries providing an overview of useful tax regulations, processes and tax issues for Doing Business in Thailand.
Tax Measures to Promote National Sport
To promote and develop sport in Thailand, the government has announced Royal Decree No. 559, which grants a 200% allowance for personal income tax purposes and a 200% deduction for corporate income tax purposes for donations made to the Sport Authority of Thailand, the Provincial Sport Committee, the Provincial Sport Association, the Sport Association of Thailand, the Department of Physical Education or the National Sport Development Fund for procurement of sport equipment, sport training or sport competition.
Jewellery Industry Tax Incentives
To promote Thailand as an international gem and jewellery trading centre, the Thai government has issued new legislation.
Changes in Tax Filing Options for Married Couples
As a result of the Emergency Decree Amending the Revenue Code (No. 18), the Revenue Department has amended the existing rules on personal income tax (‘PIT’) pertaining to married couples’ tax filing for the 2012 tax year and subsequent years.
Using the 13 Digit Tax ID Number
The Revenue Department has extended the deadline for full enforcement of the 13 digit tax identification number from the previously announced date of 31 January 2013 to 31 July 2013.
Annual Signboard Tax Filing Reminder
Businesses with signboards displaying the business’s names, trademarks, slogans, taglines, pictures or any signs with the purposes of advertising or providing information on the business are required to file the annual signboard tax return by 2 April 2018.