Thailand taxes its residents and non-residents on their assessable income derived from employment or business carried on in Thailand, regardless of whether paid in or outside Thailand. Residents who derive income from abroad are taxable on that income if remitted into Thailand in the year in which it is received.
Personal income tax (PIT) rates
The current PIT rates are shown below.
|Net income (THB*)||PIT rate (%)|
|0 to 150,000||Exempt|
|150,001 to 300,000||5|
|300,001 to 500,000||10|
|500,001 to 750,000||15|
|750,001 to 1,000,000||20|
|1,000,001 to 2,000,000||25|
|2,000,001 to 5,000,000||30|
* Thai baht