For the new RD e-filing system, can we print the tax receipt that was already submitted with the old system?

by panwa group | Oct 29, 2021 | 5.QA

Under the new system of RD E-filling (New e-Filing), we can print the tax receipt that was submitted with the old system? Panwa: Yes, we can print the tax receipt that was submitted with the old system, which you need to: Log in with your username & PasswordGo to...

In case service is paid at VAT 0%, what are the matters that must be considered?

by panwa group | Oct 29, 2021 | 5.QA

We would like to discuss if our service will pay VAT at 0%, what are the points that must be considered? Panwa: Please note that if your service will pay VAT at 0% according to the Revenue Code section no. 77/2, 80/1(2), you can consider as below: – The service...

For payment of dividends to foreign shareholders residing outside of Thailand, how much is the withholding tax rate applicable for such?

by panwa group | Oct 29, 2021 | 5.QA

The company pay dividends to shareholders (Individuals) residing in Taiwan; are these dividends subjected to withholding tax. How much is the withholding tax that the company need to pay dividends to its shareholders who are natural persons in Taiwan? Panwa : Taiwan...

In case company purchases Covid-19 Antigen Test Kit (ATK), can it be considered and deducted as tax expense?

by panwa group | Oct 29, 2021 | 5.QA

Our company plans to buy the Antigen Test Kid (ATK) for staff, so, the cost of Antigen Test Kit (ATK) can be deducted as tax expense? Panwa : Normally the cost of Antigen Test Kid (ATK), can be deducted as tax expenses, but, if your company purchased between September...

In case of contract work which the company did not yet issue the invoice and tax invoice and also not yet receive the payment, when do we need to issue the tax invoice?

by panwa group | Oct 29, 2021 | 5.QA

We are a printing house and would like to discuss for tax point; we proposed the fee for printed form to our client at 20,000 set each;  Baht 2 (exclude VAT) after they agreed on proposal, our production print the form and delivered them, together with issue the...

How to deduct the withholding tax when they pay the interest to director (in overseas) for borrow a loan from director?

by panwa group | Oct 27, 2021 | 5.QA

The company has a loan from a foreign director who does not reside in Thailand. When the company pays interest, how to deduct the withholding tax and submit it? Panwa :  Must withhold tax at the rate of 15 % under Section 50(2)(a) of the Revenue Code and submit with...