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More deductions proposed to next Thai government.
Byline: Wichit Chantanusornsiri
Dec. 4--The Revenue Department is planning a new tax package to be considered by the new government, including a proposal to raise the 60,000-baht deduction on personal income tax liability to 100,000 baht.
Satit Rungkasiri, the department's deputy director-general, said tax assessments for casual workers would also be amended.
The law currently states that workers with annual revenues of more than 60,000 baht per year are liable for tax equal to 0.5 percent of their revenues.
Alternatively, they can pay tax based on the personal income tax rate, ranging from 5-37 percent depending on their income. Tax ...
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By Andrew Leppard, Bangkok Post, Thailand Knight Ridder/Tribune...therefore, do not include reduced tax liability. There are advantages for Australians...methods can be used to offset income tax liability arising as a result of a subsequent...
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By Stephen Green, Bangkok Post, Thailand Knight Ridder/Tribune Business News Jun. 1...to file a tax return and, in effect, consider his/her Thai tax liability capped at 10 percent. However, this 10 percent rate can only...
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- Bangkok Post, Thailand, Business Briefs Column.
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Bangkok Post, Thailand Knight Ridder/Tribune Business...The company, which publishes the Bangkok Post, attributed the 16.6 percent gain...to Bangkok Bank. To see more of the Bangkok Post, or to subscribe to the newspaper...
- Bangkok Post, Thailand, Insider Column.
- Newspaper article from: Knight Ridder/Tribune Business News February 5, 2002 700+ words
Bangkok Post, Thailand Knight Ridder/Tribune Business...s consternation when she opened her Bangkok Post three days later and read what one of...bangkokpost.net To see more of the Bangkok Post, or to subscribe to the newspaper...
- Bangkok Post, Thailand, business briefs column.
- Newspaper article from: Knight Ridder/Tribune Business News September 21, 2004 700+ words
Bangkok Post, Thailand Knight Ridder/Tribune Business...association with the hotel, and the Bangkok Post regrets any misunderstanding that resulted from the error. To see more of the Bangkok Post, or to subscribe to the newspaper...
Source: HighBeam Research, More deductions proposed to next Thai government.