Personal Income Tax for selling share of non-listed company in Thailand
by panwa group | Aug 18, 2019 | 5.QA
If the person has sale the shares of non-listed company and get profit Baht 50 per share, which the company (buyer) have withhold tax at 15% of such profit, is such tax rate correct? Panwa: No, it isn’t, the correct is the progressive rate. Moreover, the...Personal Income Tax
by panwa group | Dec 1, 2018 | 3.Accounting-Tax
Personal Income Tax Personal Income Tax (PIT) is a direct tax levied on income of a person. A person means an individual, an ordinary partnership, a non-juristic body of person and an undivided estate. In general, a person liable to PIT has to compute his tax...