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 the form P.N.D. 2 within the 7th day of the following month.

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.

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

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?

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.