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Bank Corporate Income Tax (Local Currency) in Thailand

Source: IMF
Last Updated: July 24, 2023

Bank corporate income tax reached THB 25,904 mil in 2020 in Thailand, according to the National Central Bank. This is 53.7% less than in the previous year.

Historically, bank corporate income tax in Thailand reached an all time high of THB 55,964 mil in 2019 and an all time low of THB -909 mil in 1998.

Thailand has been ranked 17th within the group of 58 countries we follow in terms of bank corporate income tax.

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