Are dividends subject to withholding tax?
Dividends paid to shareholders who are resident or non-resident individuals are subject to a withholding tax at the rate of 10%.
Dividends paid to corporate shareholders who are not resident in Thailand are also subject to a withholding tax at the rate of 10%. However, depending on certain conditions, dividends paid to Thai resident corporate shareholders may be exempt from tax.
Dividends paid to corporate shareholders who are not resident in Thailand are also subject to a withholding tax at the rate of 10%. However, depending on certain conditions, dividends paid to Thai resident corporate shareholders may be exempt from tax.