Personal Income Tax Rate (Progressive Rate) :: Personal Income Tax (PIT) is a direct tax levied on income of a person. A person means an individual, an ordinary partnership, a non-juristic body of person and an undivided estate. In general, a person liable to PIT has to compute his tax liability, file tax return and pay tax, if any, accordingly on a calendar year basis.
Thailand's revenue code, which determines the taxes paid by all individuals and companies, is to be overhauled by the Revenue Department in collaboration with the Law and Development Research Centre of Chulalongkorn University's Faculty of Law.
New Tax Rate For Personal Income Tax Effective on 1st January 2013