Tax

You will find here a series of summaries providing an overview of useful tax regulations, processes and tax issues for Doing Business in Thailand.

Tax deduction for health insurance premiums

Based on the Cabinet meeting on 19 September 2017, the Thai government approved a draft law granting a personal income tax deduction for the payment of health insurance premiums by an individual taxpayer.

Personal income tax benefits for employees

As set out in our tax article for July 2017, the Thai government issued Royal Decree Number 641 giving personal income tax benefits to an employee (“the Employee”) of a company or legal partnership that conducts business in a targeted industry, and has its place of business (defined as a place that is used in the normal course of business or used for manufacturing goods on a regular basis) in Chachoengsao, Chonburi, or Rayong Provinces.

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