Day: December 28, 2015

DLO’S Tax Newsletter   Issue 61 – December 2015   We wish you good health and fortune All ventures thorough and complete All things arise victorious We wish you safe and free from harm Budhima  Kerdsiri –  Author Sam – Translator   Tax Law Update To Specify Income Excluded from Tax Calculations The Ministry of Finance has issued Ministerial Regulation (No.309) B.E. 2558 to stipulate that the share of profits derived from a non–registered ordinary partnership or a non–juristic body of persons, will be exempt for the purposes of income tax calculations: Rent from a co-owned property, where the property was inhertied or gifted. Interest on personal deposits which have been withheld; specifically, where a claim was not filed for the receipt of withholding tax or a tax credit that has been withheld. This Ministerial Regulation will apply for assessable income from […]