Page 107 - Introduction to Investment Laws in Thailand

- Net profit over 3 million baht 20%
(accounting
periods 2015)
2. Companies listed in Stock Net profit 20%
Exchange of Thailand (SET) (accounting
periods 2015)
3. Companies newly listed Net Profit 20%
in Stock Exchange of (accounting
Thailand (SET) periods 2015)
4. Company newly listed in Net Profit 20%
Market for Alternative (accounting
Investment (MAI) periods 2015)
5. Bank deriving profits Net Profit 10%
from International Banking
Facilities (IBF)
6. Foreign company Gross receipts 3%
engaging in international
transportation
7. Foreign company not Gross receipts 10%
carrying on the business in
Thailand receiving
dividends from Thailand
8.. Foreign company not Gross receipts 15%
carrying on the business in
Thailand receiving other
types of income apart from
the dividend from Thailand
9. Foreign company Amount disposed of. 10%
disposing of profit out of
Thailand.
10. Profitable association Gross receipts 2% or 10%
and foundation.
Source: Revenue Department Thailand, 2021, Corporate Tax,
https://www.rd.go.th/english/6044.html

The corporation can calculate its taxes by doing deductible expenses
as follows:

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