The Company doing business for trading tea beverages and Company has prepare the promotion to the direct consumer (giving product and cash) by this way; play game and sweepstakes, and Company understood that it should withhold the tax. Please advise the withholding tax rate for this item.
Panwa: The Company need to withhold the tax at 5% according to Revenue Department Order No Tor Por 4/2528 clause 9 (1).
For more information, please feel free to contact us:
Phone: +66 2 933 9000
Fax: +66 2 933 6120
Email: bkk@panwa.co.th