Withholding Tax Code
Withholding Tax Code
Definition
For generic information about withholding tax codes, see
Defining Withholding Tax Codes.
Use
Country Version Thailand comes with the following tax codes:
|
WH tax type |
WH tax code |
Description |
|
01 |
01 |
5% Deducted at Invoice |
|
01 |
10 |
5% Gross Up |
|
01 |
11 |
10% One Cycle Gross Up |
|
02 |
11 |
10% One Cycle Gross Up |
|
11 |
01 |
5% Deducted at Payment |
|
11 |
10 |
5% Gross Up |
|
11 |
11 |
10% One Cycle Gross Up |
|
12 |
11 |
10% One Cycle Gross Up |
|
R1 |
01 |
5% Deducted at Payment |
Withholding tax codes 01, 10, and 11 are used for the same purpose for each withholding tax type:
Each of the withholding tax codes is assigned to an
income type by way of example.