by panwa group | Sep 15, 2021 | 5.QA
I’m a retired tourist (62 year old) and I travel and live in Thailand in 1 year which I spent my saving and pension money obtained from my country. I would like to know if I need to pay the personal income tax in Thailand or not? Panwa: Please note that you do not...
by panwa group | Sep 15, 2021 | 5.QA
The company received a bonus for selling products more than the expected target sales. The seller deduct 3% withholding tax already and does it need to pay for VAT or not? Panwa: No need to pay for VAT due to the bonus is not a compensation for selling the...
by panwa group | Sep 15, 2021 | 5.QA
The company gives the new year gift to staff and how about the tax? Panwa : The company gives annual New Year gifts to staff and sets them as staff welfare regulations. Whether it is given to everyone or only to certain people, it is considered as assessable income of...
by panwa group | Sep 15, 2021 | 5.QA
To modification of article of association for classification of share to be common share and preferred share, If we’ll do it in future would it be possible? Panwa: Please note that actually you also can do later, in the future but you can do only when you need...
by panwa group | Sep 15, 2021 | 5.QA
Our company prepared the car rental agreement to the lessee and specified that we will collect the car insurance from the lessee, such collecting insurance payment should be included as income for income tax computation or not? Panwa: Yes, if the agreement has...
by panwa group | Sep 15, 2021 | 5.QA
The company will buy machinery from Singapore and have the contract service. For the service fee, does it need to submit PND. 54 (withholding tax) and PP.36 (VAT return) or not? Panwa: The company need to submit PP.36 within 7 days of the following month and for PND....
