< Ministerial Regulation No. 361>
On the 27th day of March 2020, the Ministry of Finance has issued Ministerial Regulation No. 361, adding the following as (17/4) and (17/5) of Clause 2 of the Ministerial Regulation No. 144
On the following payment made from 1 April 2020 to 30 September 2020, withholding tax rate is 1.5%(17/4) of Clause 2 and made from 1 October 2020 to 31 December 2020, withholding tax rate is 2.0%(17/5) of Clause 2 ,not including foundations or associations that operate with income and foundations or Associations under Section 47 (7) (b) of the Revenue Code < money donated to charity organizations, hospitals or educational institutions>
(a) Payment of income assessed under Section 40 (2) of the Revenue Code < Income derived from a post or from performance of work, whether in the form of fee, commission, discount, subsidy, meeting allowance, gratuity, bonus, house rent allowance, monetary value of rent-free residence >
(b) Payment of assessable income under Section 40 (3) of the Revenue Code < Fee of goodwill, copyright or any other rights, annuity or annual payment of income derived from a will, any other juristic act, or court decision >
(c) payment sof assessable income under Section 40 (6) of the Revenue Code < Income from liberal professions, namely, laws, arts of healing, engineering, architecture, accounting, fine arts or other liberal professions as prescribed by a Royal Decree > and (7) < Income derived from a contract of work where the contractor has to provide essential materials besides tools >
(d) The payment of assessable income under Section 40 (8) of the Revenue Code < Income from business, commerce, agriculture, industry, transport or any other activity>, but not including the payment of hotel services Restaurant service fee And life insurance premiums the money can be obtained from the outsourcing of rewards, discounts or any benefits due to the promotion.
And providing services other than those specified in (3) (15) (16) and (17), but not including the payment of hotel services Restaurant service fee And life insurance premiums.
<original Thai version>
->to following website of Revenue Department