It’s started! Reduce 2% withholding tax rate online.
Anucha Buraphachaisri, Government Spokesperson The Facebook post states that after the Cabinet meeting (January 12) the meeting approved. Extend the tax exemption period For companies or juristic partnerships For expenditures paid for investment in development And service expenses Tax invoice system And electronic receipt (e-Tax Invoice & e-Receipt) and electronic withholding tax system (e-Withholding Tax) can deduct tax twice the actual amount paid. But not including expenses Investing in a collection recorder For expenditures from 1 January 2020 to 31 December 2022 from the original ending 31 December 2019
The Council of Ministers also approved an extension of the withholding tax rate reduction from 3% to 2% for the payment of assessable income through the system. e-Withholding Tax from 1 October 2020 to 31 December 2021 from 1 October 2020 to 31 December 2022 and additional schedule To reduce the withholding income tax rate at a rate of 5 percent to a rate of 2 percent for payment of assessable income through the system. e-Withholding Tax from 1 October 2020 to 31 December 2022
Such measure It encourages entrepreneurs to invest in the electronic tax system. Reduce paper usage And most importantly, it helps entrepreneurs. There was an increase in cash flow during the operating period of approximately 24 billion baht, while the government sector lost approximately 3 billion baht in corporate income.
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