Income Tax in 🇹🇭 Thailand

Tax brackets, effective rates, and net income calculations. Data from official government sources.

The tax structure in Thailand is progressive and generally favorable for moderate incomes, contributing to its Taxation Score of 66/100. Corporate tax stands at 20% and VAT at 7%, with personal income tax beginning at 0% for incomes up to 150,000 THB and rising to 35% for incomes exceeding 5,000,000 THB. This framework, combined with a 16.5% GDP tax revenue, means that significant portions of income can be retained, particularly for those earning the median salary of $7,200 USD/year or slightly above.