Eliminating
Party:

Thailand

Type of Income

Method for

Elimination

of Double Tax

Indonesia

1. All types of Income under the Tax Treaty.

2. Income that had not been taxed at a reduced rate or exempted from tax in accordance with the provisions of the Agreement and the special incentive laws of the other Country.

1. Ordinary Credit
2. Tax Sparing Credit

Lao PDR

1. All types of Income under the Tax Treaty.

2. Dividend paid by a company which is a resident of Lao PDR to a company which is resident of Thailand and which owns not less than 25% of the shares of the company paying the dividend.

3. Income that had not been taxed at a reduced rate or exempted from Lao tax in accordance with the provisions of the Agreement and the special incentive laws of Lao PDR.

1. Ordinary Credit
2. Ordinary Credit
3. Tax Sparing Credit

Malaysia

1. All types of Income under the Tax Treaty.

2. Dividend paid by a company which is a resident of Malaysia to a company which is resident of Thailand and which owns not less than 15% of the shares of the company paying the dividend.

3. Income that had not been taxed at a reduced rate or exempted from Malaysia tax in accordance with the provisions of the Agreement and the special incentive laws of Malaysia.

1. Ordinary Credit
2. Ordinary Credit
3. Tax Sparing Credit

Myanmar

1. All types of Income under the Tax Treaty.

2. Income that had not been taxed at a reduced rate or exempted from Myanmar tax in accordance with the provisions of the Agreement and the special incentive laws of Myanmar.

1. Ordinary Credit
2. Tax Sparing Credit

Philippines

1. All types of Income under the Tax Treaty.

2. Dividend paid by a company which is a resident of the Philippines to a company which is resident of Thailand and which owns not less than 15% of the voting shares of the company paying the dividend.

3. Income that had not been taxed at a reduced rate or exempted from Philippine tax in accordance with the provisions of the Agreement and the special incentive laws of the Philippines.

1. Ordinary Credit
2. Ordinary Credit
3. Tax Sparing Credit

Singapore

1. Dividend paid by a company which is a resident of Singapore to a company which is resident of Thailand and which owns not less than 25% of the voting shares of the company paying the dividend.

2.Other Income

1. Full Exemption
2. Ordinary Credit

Vietnam

1. All types of Income under the Tax Treaty.

2. Income that had not been taxed at a reduced rate or exempted from Vietnamese tax in accordance with the provisions of the Agreement and the special incentive laws of Vietnam.

1. Ordinary Credit
2. Tax Sparing Credit