Tourists can claim a VAT refund at the VAT Refund for Tourists Counter at an international airport, or drop the documents into the box in front of the VAT Refund for Tourists office, or mail the documents to the Revenue Department of Thailand.

What does withheld refund mean?

A withholding tax takes a set amount of money out of an employee’s paycheck and pays it to the government. The money taken is a credit against the employee’s annual income tax. If too much money is withheld, an employee will receive a tax refund; if not enough is withheld, an employee will have an additional tax bill.

When can you claim withholding tax?

Exemption From a Withholding Allowance You can claim the withholding exemption only if you had a right to a refund of all federal income tax withheld in the prior year because you didn’t have any tax liability and you expect the same for the current year.

How do I claim my 194N TDS?

The person can claim the credit of the TDS under section 194N in his/its return of income. The credit will be allowed even if the person has no income under any heads of income. Further, the credit of such TDS can be adjusted with the tax liability of the person.

Can you claim tax back in Thailand?

Goods must be purchased from stores displaying the ‘VAT Refund For Tourists’ sign. VAT refunds only apply to goods taken out of Thailand within 60 days from the date of purchase. Goods must have a value of at least 5,000 baht (including VAT), and single purchases must have a value of at least 2,000 baht per day.

Do you have to pay tax on foreign income in Thailand?

Non-resident is not subject to Thai tax on such income from foreign-sourced, in any case. If income is paid or determined in a foreign currency, the conversion rate as specified by the Revenue Department’s guideline should be used in computing and paying Thai tax.

How to comply with the tax code in Thailand?

To prescribe other activities to comply with the Revenue Code. Section 4/ 2 A foreigner departing Thailand shall pay tax due and/or tax payable even if it is not due, or to arrange for a collateral for payment of tax in accordance with the provisions of the Revenue Code before departure.

How are spouse and child taxed in Thailand?

Allowances for spouse and child are only available to non-resident if the spouse and child are residents in Thailand in the concerned tax year. Non-resident may be taxed at 15 percent on gross income for certain income other than employment income.

When do you have to file tax return in Thailand?

However, a tax return for the year of departure under the normal process is still required should there is income taxable in Thailand. The tax return shall be filed after December but by the end of March of the following year.