Thailand: Deductible expenses | KPMG | GLOBAL
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Thailand: Deductible expenses, allowances for individual (personal) income tax purposes

Thailand: Deductible expenses

Amendments to Thailand’s tax law provide revisions with respect to individual (personal) income taxation.


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The Revenue Code Amendment Act No. 441 BE 2560 and Royal Decree No. 6292 BE 2560 were published in the Royal Thai government gazette on 27 January 2017 with effect for tax year 2017 onward. The amendments increase some individual tax deductible expenses and allowances while reducing others, provide for changes to the tax filing thresholds, and increase the income threshold in the highest tax bracket of the progressive individual income tax brackets.

With these amendments, employers will need to make the necessary payroll adjustments and update their tax calculations for tax equalized assignees.


Read a February 2017 report prepared by the KPMG member firm in Thailand

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