In Thailand, individual and corporate investors have different tax rates on interest based on profits from investment in debt instruments.

For domestic investors, withholding tax rate for individuals is 15% and they can choose not to include it in their annual filing of personal income tax. For companies or juristic partnerships, withholding tax rate is 1%.

For foreign investors, withholding tax rate is 15% for both individual and company or juristic partnership with exception to countries having Double Taxation Agreement (DTA) with Thailand, which may be subjected to a lower tax rate.

Contact MSNA for your accounting and Thailand tax questions.