Part 1 General Provisions

• Section 38 Income tax is an assessment tax
• Section 39 Definition

Part 2 Personal Income Tax

• Section 40 Income categories
• Section 40 Bis Exporting goods abroad be deemed as sale
• Section 41 A resident of Thailand
• Section 41 Bis The transferor of immovable property be treated as a taxpayer
• Section 42 Categories of assessable income which shall be exempt from tax
• Section 42 Bis Standard deduction for salary and fee
• Section 42 Ter Standard deduction for fee for copyrights
• Section 43 Standard deduction for income from rent of property
• Section 44 Standard deduction for income from liberal professions
• Section 45 Standard deduction for income from a contract of work
• Section 46 Standard deduction for income from business or any other activity
• Section 47 Allowances
• Section 47 Bis A tax credit from dividend
• Section 48 Calculating amount of tax
• Section 48 Bis A goverment enterprise pay income tax of a seller who perchased goods from such enterprise
• Section 48 Ter (Repealed by R.C.A.A. (N0.30) B.E. 2535.)
• Section 49 Determining the amount of net income
• Section 49 Bis Determining the sale price of immovable property
• Section 50 Witholding income tax
• Section 50 Bis A witholding tax certificate
• Section 51 Sending a notice to produce accounts showing payments of the assessable income
• Section 52 Remittance of the witholding tax
• Section 52 Bis Paying tax prior to the time limit
• Section 53 Witholding tax in the case government enterprise enter in the Disbursement Requisition Form
• Section 54 Liability in case of witholding tax
• Section 55 Witholding tax not prevent the assessment tax
• Section 56 Time to flie a tax return
• Section 56 Bis Filing tax return only the income derived from January to June
• Section 57 Agent for payment of tax
• Section 57 Bis Filing tax return for taxpayer who dies
• Section 57 TerIncome of the wife be treated as income of the husband
• Section 57 Quarter Tax payable with respect to tax return filing
• Section 57 Quinque The wife may file tax return seperately from her husband
• Section 57 Sex Husband and wife, each shall file a tax return reporting the assessable income
• Section 58 Liability to withold tax within the month of January
• Section 59 Filing tax return indicating tax withold of each individual person
• Section 60 Tax withold and remitted be deemed assessible income and be treated as credit
• Section 60 Bis Assessing and changing tax prior to the time limit for tax return filing
• Section 61 Assessing and changing tax of person whose name appears in important document
• Section 62 Agent, a trust beneficiary, legal representative or guardian comply with the provisions of this part
• Section 63 Time for witholding tax refund
• Section 64 Paying tax in 3 equal installment

Part III Corporate Income Tax

• Section 65 Income, expenses and an accounting period
• Section 65 Bis Conditions in the calculation of net profit and net loss
• Section 65 Ter Items which shall not be allowed as expenses in the calculation of net profit
• Section 65 Quarter A government enterprise pay income tax on behalf of the seller of goods which purchases goods from a government enterprise
• Section 66 Paying tax in accordance with the provisions in Corporate Income Tax
• Section 67 Payment of tax in the case of a company carrying on international transportation business
• Section 67 Bis Filing tax return of a six-month period
• Section 67 Ter Surchage in the case of filing tax return of a six-month period
• Section 68 Time limit for filing tax return together with tax payment
• Section 68 Bis A balance sheet , an operating account and a profit and loss account
• Section 69 Tax return together with a balance sheet and accounts which have been examined and certified by person who has obtained a license
• Section 69 Bis If the Government is the payer of assessible income, shall withold income tax
• Section 69 Ter Witholding income tax in the case selling immovable property
• Section 70 Income tax in the case of company under foreign laws receiving assessable income which is paid from Thailand
• Section 70 Bis Income tax in the case of a company disposing its profit
• Section 70 Ter A company sending goods aboard be deemed to be a sale in Thailand
• Section 71 Assessing tax from gross income
• Section 72 Paying tax in the case that company dissolves
• Section 73 Paying tax in the case that company merge with another company
• Section 74 The calculation of net profits in the case where a company dissolves or merges
• Section 75 (Repealed by an Act Amending Revenue Code (No. 26) B.E. 2525)
• Section 76 (Repealed by an Act Amending Revenue Code (N0. 26) B.E. 2525)
• Section 76 Bis A company incorporated under foreign laws which shall be deemed to be carrying on business in Thailand
• Section 76 Ter (Repealed by an Act Amending Revenue Code (No. 16) B.E. 2502)

Income Tax Rates Schedule