+66 2 933 9000 , WhatsApp: +66 81 919 6225 bkk@panwa.co.th

The company operates software and hardware distribution business in Thailand and has imported software from companies in 11 countries for distribution to customers with residences and location in Thailand. For the company payment of software fees to sellers in 11 countries, is the company obliged to deduct tax on assessable income paid or not and at what rate?

Panwa: Please note that for payment of software abroad, the company is obliged to  withhold 15%, which at the same time, you have to check for the Double taxation agreements and policies for withholding taxes of each country. Moreover, there is a reduction in royalties as stipulated on RD code as:

Due to compensation for using computer programs or software Into nature as income under Section 40 (3) of the Revenue Code, so that the company Paid the software fee to the copyright owner company which was established under foreign law and does not operate in Thailand. According to form PND 54 with the tax deduction under Section 70 of the Revenue Code. 

Anyways, if you need further assistance for monthly tax filing, half-year tax filing and doing yearly tax, kindly note that we could assist for such click here

For more information, please feel free to contact us:
Phone: +66 2 933 9000
Fax: +66 2 933 6120
Email: bkk@panwa.co.th

For more information, please feel free to contact us:

Office: +66 2 933 9000
Whats'App: +66 8 5713 1000
Email: bkk@panwa.co.th

Location: https://goo.gl/maps/MhJsbjkPrji51Qyt6
Sky train: Yellow Line, Chokchai 4 Station, Gate 4. Our office is located between Soi Latphrao 50 and 52.

Address: 1560 Latphrao Road, Wangthonglang, Bangkok 10310, Thailand.