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Corporate Income Tax

Acct Concept Accountancy

What is a corporate income tax?

Corporate income tax is a tax on the profits of limited companies and partnerships that are either based in the Kingdom of Thailand or generating income from activities in Thailand.

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Who is liable for corporate income tax in Thailand?

Corporate income tax is levied on both Thai and foreign companies. A Thai company is subject to tax in Thailand on its global net profit at the end of each accounting period.

How is corporate income tax calculated?

This differs depending on the nature of the services provided and other variables. The best way is to speak to a professional accountant who can expertly hand this request. Contact today for a free consultation.

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