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Taxes on Income, Profits and Capital Gains (Local Currency) in Thailand

Source: World Bank
Last Updated: March 1, 2024

Taxes on income, profits and capital gains reached THB 913 bil in 2020 in Thailand, according to the National Statistical Office. This is 11.6% less than in the previous year.

Historically, taxes on income, profits and capital gains in Thailand reached an all time high of THB 1,032 bil in 2019 and an all time low of THB 2.55 bil in 1972.

Thailand has been ranked 20th within the group of 109 countries we follow in terms of taxes on income, profits and capital gains.

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