Taxman: B20,000 interest exemption still in place

21.04.2019 - 04:36

The Revenue Department has clarified its new regulation on interest income tax to dispel public misunderstanding that earners will have to pay the tax from the first baht. At present, interest income from fixed deposits is subject to 15% withholding tax but the first 20,000 baht of the income is exempted.

(Economy, other, Thailand)

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