Web12 May 2024 · Specific Business Tax (SBT) is another kind of indirect tax introduced in 1992 to replace Business Tax. Certain businesses that are excluded from VAT will instead be subject to SBT. 1. Person liable to SBT. Any person or entity who engages in certain businesses in Thailand is subject to SBT instead of VAT. Businesses that are subject to … Web21 Dec 2024 · When to File Your Half-Year Income Tax Return. The following deadlines for corporate income tax filing apply to companies incorporated under Thai law: PND 50: Within 150 days from the last day of an accounting period or within the month of May. PND 51: Within 2 months from the last day of the 6-month accounting period or within the month …
Business environment in Thailand
WebUnderstanding the laws and regulations surrounding Specific Business Tax (SBT) in Thailand can be a daunting task for businesses operating in the country. SBT is a tax imposed on certain types of business activities, such as the production of goods, provision of services and import/export businesses. The tax rate varies depending on the type of ... Web27 Apr 2024 · The Thai cabinet approved an additional contribution reduction from 3% to 0.5% for February and March 2024. Conclusion. Foreign investors have several business structures they can choose if interested in setting up a business in Thailand. Contact Acclime to guide you through the steps of registering a company in Thailand hassle-free. for the sake of your health
EU trade relations with Thailand
WebTilleke & Gibbins dedicates our thorough understanding of Thailand’s tax regime to helping clients achieve their business objectives, while also maximizing tax benefits and minimizing tax liabilities. We advise on an array of tax matters, including customs duties, excise tax, specific business tax, transfer pricing, petroleum income tax, corporate income tax, … WebGuidelines for Using the Thailand Tax Calendar and Relevant Tax Regulations. 6. Juristic persons are required to withhold income tax on payments of certain assessable income under Section 3 ... Specific Business Tax -Surcharge is 1.5 percent per month or a fraction thereof of the tax payable, but in no case shall the surcharge exceed the amount ... WebThailand Tax Law. The Thailand Revenue Code is the body of tax law that codifies procedures regarding tax assessment, the collection of revenue taxes, personal and corporate income tax, value added tax and tax liability, specific business tax and stamp duty. (TABLE OF CONTENTS) THE REVENUE CODE Title I General Provisions. sections 1 - 4 The ... for the sake of 使い方