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Thailand Withholding tax rates

Thailand Withholding tax rates: no single figure applies. The reason is set out below, cited to the governing instrument. Last checked against the official source on 10 Aug 2026.

The withholding tax Thailand levies under Revenue Code section 70 on assessable income paid from or in Thailand to companies or juristic partnerships incorporated under foreign law and not carrying on business in Thailand - dividends at 10%, and interest, royalties, professional fees, rents and other s.40(2)-(6) income at 15% - each at its domestic statutory rate before any double tax agreement relief. Administered by the Revenue Department.

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Current valuestructured — see the API
In force from—
Official sourceRevenue Department - Revenue Code section 70 (Thai original): 'บริษัทหรือห้างหุ้นส่วนนิติบุคคลที่ตั้งขึ้นตามกฎหมายของต่างประเทศมิได้ประกอบกิจการในประเทศไทยแต่ได้รับเงินได้พึงประเมินตามมาตรา 40 (2)(3)(4)(5) หรือ (6) ที่จ่ายจากหรือในประเทศไทย ให้บริษัทหรือห้างหุ้นส่วนนิติบุคคลนั้นเสียภาษี โดยให้ผู้จ่ายหักภาษีจากเงินได้พึงประเมินที่จ่าย' - 'A company or juristic partnership incorporated under foreign law and not carrying on business in Thailand but receiving assessable income under Section 40 (2)(3)(4)(5) or (6) paid from or in Thailand shall be liable to tax; the payer shall deduct the tax from the assessable income paid' - at the rates in the Revenue Code income tax rate schedule. Rates per the Revenue Department's Income Tax Guide for Foreign Company: 'Dividends: 10%, Other income such as interests, royalties, capital gains, rents and professional fees: 15%'.
Last verified2026-08-10
Verificationprimary — No verification limitation recorded — read from the official source cited.
Provenancesource fingerprint

What this value means

THERE IS NO SINGLE WITHHOLDING TAX RATE, WHICH IS WHY value IS NULL. Thailand withholds under Revenue Code s.70 at 10% on dividends and 15% on interest, royalties and the other s.40(2)-(6) income heads. A caller wanting a number must name which payment type; read withholding_rates rather than expecting a headline figure. ALL RATES ARE DOMESTIC STATUTORY RATES, BEFORE TREATY RELIEF. A double tax agreement can reduce or exempt any of them (interest relief is common), and whether relief is available depends on the recipient's residence and the agreement's conditions. We do NOT serve treaty rates: they are bilateral, run to many country pairs, and applying one is a legal determination rather than a lookup. MECHANICS: s.70 itself charges the tax and orders the payer to deduct it from the gross assessable income at the rates in the Revenue Code's income tax rate schedule (บัญชีอัตราภาษีเงินได้) - 10% for dividend income (s.40(4)(b)), 15% for the other s.40(2)-(6) heads. It is a final tax on the foreign company, remitted with form CIT 54 (ภ.ง.ด.54) within 7 days of the end of the month of payment. The related but distinct 10% profit-remittance tax on branch profits sent abroad is s.70 bis, not part of this series. This s.70 regime only applies to foreign companies NOT carrying on business in Thailand; payments to foreign companies doing business in Thailand fall under different withholding rules.

Get it programmatically

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# History:    curl https://asiaref.dev/v1/th/withholding-tax/history?from=2020-01-01
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Other Thailand series: Policy interest rate · Statutory default interest (ดอกเบี้ยผิดนัด) · Value added tax (standard rate) · VAT registration threshold · Minimum wage · Public holidays · Consumer price index / inflation · Corporate income tax (standard rate) · Personal income tax (progressive bands) · Statutory social-insurance contributions

The same figure elsewhere: Türkiye · United Arab Emirates · Uzbekistan · Vietnam · Bahrain · all 28