Keywords: Mazars, Thailand, Payroll, LTF, Personal Income Tax
17 December 2015
The lock-up period for investments in LTFs has also been changed. Previously, holders could redeem LTFs in the fifth calendar year after purchase. For example, investors could purchase LTFs in December 2010 and sell them in January 2014. However, investors must now hold LTFs purchased between 1 January 2016 and 31 December 2019 for seven calendar years after they are purchased.
Taxpayers can deduct contributions of up to 15% of their personal income, or 500,000 baht, whichever is lower, for investments in LTFs.