Property purchase tax

Transfer fee	2.0%
Stamp Duty	3.3%
Specific Business Tax	0.1%
Withholding Tax	1.0%

Personal income tax

Personal income tax is applied on a graduated scale as follows:

Net Annual Income (Baht)	Tax Rate
0 -150,000	0%
150,001- 500,000	10%
500,001- 1,000,000	20%
1,000,001 -4,000,000	30%
4,000,001 +	37%

Other types of taxable income and the rate of standard deduction include:

Interest, dividens, capital gains on the sale of securities: 40% but not exceeding 60 000THB.
Rental income: 10%-30% depending on type of property leased.
Professional fees: 60% for income from medical practise, 30% for others.
Income derived by contractors: 70%
Income from other business activities: 65%-85% depending on the nature of the business activity.

Corporate tax

Corporate Tax:

A Thai company generally pays tax at 30% of net profit. However some types of companies are entitled to a rate reduction.

Small business with paid up capital less than 5 million bath: 20% of net profit< 1 million baht. 25% of net profit 1-5 million bath.

Company registered in the stock exchange of Thailand: 25% of net profit < 300 million baht.

Newly registered company in the stock exchange of Thailand and market for alternative investment: 25% of net profit for newly registered company in SET. 20% of net profit for newly registered cmpany in MAI.

Bangkok international banking facility and regional operating headquarters: 10% of net profit from qualified income.

Association and foundation: 2% or 10% on gross receipts.

Witholding Tax

Withholding tax rate