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en:tax:pit [2024/06/08 11:22] – [3.1 Progressive Tax Rates] bullaren:tax:pit [2024/07/08 07:17] (current) – [3.1 Progressive Tax Rates] bullar
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 ====== Personal Income Tax (PIT) ====== ====== Personal Income Tax (PIT) ======
 +
 +[[https://www.rd.go.th/english/6045.html| Source]]
 +
 +More infos:
 +  *[[en:tax:tinorder|TIN application]]
 +  *[[en:tax:declaration|TAX declaration]]
 +
 +\\
  
 Personal Income Tax (PIT) is a direct tax levied on income of a person. A person means an individual, an ordinary partnership, a non-juristic body of person and an undivided estate. In general, a person liable to PIT has to compute his tax liability, file tax return and pay tax, if any, accordingly on a calendar year basis. Personal Income Tax (PIT) is a direct tax levied on income of a person. A person means an individual, an ordinary partnership, a non-juristic body of person and an undivided estate. In general, a person liable to PIT has to compute his tax liability, file tax return and pay tax, if any, accordingly on a calendar year basis.
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 In the case where income categories (2) - (8) mentioned in 2.1 are earned more than 60,000 Baht per annum, taxpayer has to calculate the amount of tax by multiplying 0.5% to the assessable income and compare with the amount of tax calculated by progressive tax rates. Taxpayer is liable to pay tax at the amount whichever is greater. In the case where income categories (2) - (8) mentioned in 2.1 are earned more than 60,000 Baht per annum, taxpayer has to calculate the amount of tax by multiplying 0.5% to the assessable income and compare with the amount of tax calculated by progressive tax rates. Taxpayer is liable to pay tax at the amount whichever is greater.
  
 +{{ :de:tax:tax_thailand_2024_vers1_.pdf |Tax table}}
 ====3.2 Separate Taxation==== ====3.2 Separate Taxation====
 There are several types of income that the taxpayer shall not include or may not choose to include such income to the assessable income in calculating the tax liability. There are several types of income that the taxpayer shall not include or may not choose to include such income to the assessable income in calculating the tax liability.
en/tax/pit.1717845756.txt.gz · Last modified: 2024/06/08 11:22 by bullar