Tax Withholding Formula
October 3rd, 2007
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Question: How can I compute for Thailand withholding taxes on salaries?
What are the considerations when it comes to computations of taxes withheld on employee salaries?And can you give me the formula for computing the tax. thanks.
Answer: Look here:
http://www.rd.go.th/publish/6045.0.html
The formula is defined by the tax code here:
http://www.rd.go.th/publish/37749.0.html#section50
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