Types of income subjected to withholding tax

Income that is subject to withholding tax can be categorized as follows:

• Income that an individual, who is liable to pay personal income tax, receives, must be subjected to withholding tax (submitted via Form Por Ngor Dor 3) as designated. This includes: 
  • Income from property rentals. 
  • Income from liberal professions such as law, art, engineering, architecture, accounting, and creative arts. 
  • Income from contract work where the contractor has to invest by providing significant resources other than tools. 
  • Income from commercial, agricultural, industrial, transportation businesses, etc., particularly the types specified as follows: 
    • Prizes from competitions, lotteries, or any similar activities.
    • Income from public performances. 
    • Income from advertising.
    • Income from commissioned work. 
    • Income from other services. 
    • Rewards, discounts, or any other benefits from sales promotions. 
    • Income from transportation fees.
• Income that a juristic person, who is liable to pay corporate income tax, receives, must be subjected to withholding tax (submitted via Form Por Ngor Dor 53) as designated. This includes: 
  • Income from the sale of agricultural products, some types of interest on deposits, interest on promissory notes, dividends, profit shares, other benefits, income from property rentals, income from liberal professions, income from commissioned work, income from competitions, lotteries, or any similar activities, income from advertising. 
  • Income under Section 40 (8), specifically from other services not mentioned in 2.1. 
  • Income from insurance premiums, specifically paid to a company or partnership juristic person conducting insurance business under Thai insurance laws. 
  • Income from transportation fees, excluding public transport fares.

     The minimum amount of assessable income to be subjected to tax withholding for both categories 1 and 2, paid to a tax liable recipient according to a single contract, is a total of 1,000 THB or more.

Source: The Revenue Department, 90 Phaholyothin 7, Phayathai, Phayathai, Bangkok 10400

Tel. +66 2272 8000

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