Tax Information

THAI PERSONAL INCOME TAX RATE
(all figures in Thai Baht)

Allowable Deduction

Standard deduction:  40% of the wages up to a maximum of 60,000
Personal deduction for income earner:  30,000
For spouse:  30,000
For each child (maximum of 3 children):  15,000
School allowance for each child studying in Thailand (maximum of 3 children):  2,000

Official Tax Table of Rates

Example of Tax Due for a Single Person on Gross Income

 *In Baht after deductions.
**With personal and standard deductions calculated.

(Updated February 2009)

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 Tax Clearance Information

By virtue of a Notification of the Director-General of the Revenue Department, the regulation requiring foreigners to obtain a tax clearance certificate before exiting Thailand was canceled as of May 7, 1991. Prior to this announcement, foreigners leaving the country had to obtain a tax clearance certificate from the Revenue Department in Bangkok or from the Revenue Office in other main cities.

There are two exceptions to this ruling, where tax clearance certificates must still be processed:

1. Foreigners who are liable for taxes due as assessed by the assessment official prior to or at the time of departing from Thailand.
2. Foreigners who are responsible for filing income tax returns and paying taxes for juristic companies or partnerships established under a foreign law but doing business in Thailand.

Those who fall within these exceptions and fail to obtain a tax clearance will be denied permission to leave the country.

Documents Required in Applying for Tax Clearance:

• Valid Passport
• Alien Certificate (if any)
• Residence Certificate (if any)
• Work Permit (if any)
• Application Form (Form Por. 1)
• Letter of Guarantee (Form Por. 4)
• Tax return forms and evidence of tax payment (up to the past 5 years)

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For further information, contact Ms. Sriwan Puapondh, Partner and Head of Taxation Group, Tilleke & Gibbins (sriwan.p@tillekeandgibbins.com).

©Tilleke & Gibbins, Bangkok, Thailand