Excise Department is Aiming at Restructuring of Vehicle Excise Tax in Thailand
To promote measures facilitating electric vehicles’ (EVs) use in Thailand and lessen fossil fuel consumption, the excise department is planning to restructure the vehicle excise tax. However, this would depend on the development of these vehicles in the country. For your information, there’s a government committee that looks at the systematic process of the development, […]
All of that is Considered when Calculating Corporate Tax in Thailand
If you are planning to establish a business in Thailand, it is extremely important to know about corporate income tax Thai laws. CIT is paid by those companies and partnerships in Thailand who are subjected to income tax on the income earned from the sources both within and outside Thailand. However, the juristic companies for […]
How Corporate Taxes are Calculated in Thailand
Three important things you must consider when you are to file CIT in Thailand such as; 50% of the calculated income tax is paid by the end of the eighth month. A return should be filed followed by the audited financial statement. On failing to pay the tax 20% of the deficit must be fined. […]
