Page 8 - Introduction to Investment Laws in Thailand

4.1.3 Sick Leave and Business Leave......................................... 77
4.1.4 Special Rules applicable to Female Employees ................... 77
4.1.5 Special Rules applicable to young employees ..................... 78
4.1.6 Minimum daily wage ....................................................... 78
4.1.7 Ceasing Operations Temporarily ....................................... 79
4.1.8 Terminations of employment ............................................ 79
4.1.9 Severance Pay ................................................................. 80
4.1.10 Employee Welfare Fund ................................................. 82
4.2 Social Security ....................................................................... 82
4.3 Workmen’ compensation ......................................................... 83
4.4 Employment of foreign workers .............................................. 83
4.4.1 Low-skilled workers ......................................................... 83
4.4.2 Skilled workers ............................................................... 86
4.5 Employment Dispute .............................................................. 88
CHAPTER 5 TAXATION .................................................................... 91
5.1 Corporate Income Tax ............................................................ 91
5.1.1 Taxable corporate ............................................................ 92
5.1.2 Tax Ratio and Calculation ................................................ 94
5.1.3 Withholding Tax ............................................................. 97
5.2 Personal Income Tax .............................................................. 98
5.2.1 Taxable Person .............................................................. 100
5.2.2 Taxable Income ............................................................. 100
5.2.3 Allowance and deduction ............................................... 101
5.2.4 Tax Rates ...................................................................... 103
5.2.3 Submission of Personal income ....................................... 104
5.3 Value Added Tax ................................................................. 105
5.4 Export and Import Tariff ....................................................... 106
5.5 Land Tax ............................................................................. 106
CHAPTER 6 DISPUTE SETTLEMENT ........................................ 109
6.1 Civil Litigation .................................................................... 109
6.1.1 Judicial system concerning civil litigation ........................ 109
6.1.2 Civil Procedure ............................................................. 115

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