IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 20 Jun 2012 | Removal date: open ended
Still in force

FDI: Financial incentive

 On 20 June 2012, Thailand issued the Royal Decree No. 538 which reduces the tax liability of Thai individuals receiving dividends from foreign companies listed on the Stock Exchange of Thailand (SET). Such dividends will be subject only to a withholding tax of 10%, whereas previously they were also required to include such dividends in their personal income tax returns and pay additional taxes.
 
Dividends received from Thai companies were taxed at 10% even prior to this measure.

AFFECTED COUNTRIES

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