< the Revenue Department Order No. Thor.Por. 324/2020>
On the 30th day of March 2020, the Revenue Department has issued the Revenue Department Order No. Thor.Por. 324/2020, adding the following to the Revenue Department's order No. Thor.Por.4 / 1985 (In the following cases, withholding tax is calculated at the rate of 1.5%, if assessable income is paid from 1 April 2020 to 30 September 2020. This order shall come into effect from 1 April 2020 onwards.
Clause 3/1 Company or juristic partnership operating in Thailand other than those specified in (2) *
Clause 3/2 Company or juristic partnership operating in Thailand other than those specified in (2) withholding tax for income should be assessed only in the value of goodwille, royalties or other rights
Clause 7 Person responsible for paying personal income tax or company or juristic partnership corporate income tax other than those specified in (2) only those who are domiciled in Thailand or stay in Thailand or operating in Thailand depending on the case
Clause 8
(1) Person responsible for paying personal income tax only the wages for making things that match Assessable income under Section 40 (7) or (8) of the Revenue Code
(2) Company or juristic partnership established under Thai law but not including the foundation
(3) A company or juristic partnership established under foreign law does business In Thailand with a branch office or permanent establishment llocated in Thailand
(1) Person liable to pay personal income tax or withholding tax for assessable income
(2) Company or juristic partnership operating in Thailand but not including Foundations
Clause 12/2
(1) Person liable to pay personal income tax or withholding tax for assessable income
(2) partnership operating in Thailand but not including Foundations or associations
other than those specified in (2) * : a foundation or an association carrying on revenue-generating business, but not including foundations or associations prescribed by the Minister under Section 47(7)(b) of the Revenue Code
<original Thai version>
->to following website of Revenue Department
https://www.rd.go.th/publish/fileadmin/user_upload/kormor/newlaw/mix361_324.pdf