Generate periodical withholding tax report

Use the Generate Periodical Withholding Tax Report (lptha0200m000) session to generate the monthly/yearly withholding tax report .

This session includes the withholding tax transactions along with the details that have to be submitted to the tax authorities. This session is executed after the tax declaration is submitted.

You can generate the report as a flat file or as a PDF. The formats can be used for yearly and monthly reporting.

Monthly/Yearly withholding tax report (PND3/PND53)

These reports can be submitted to the tax authorities either through manual and electronic methods. While submitting electronically the report is generated in a .CSV or flat file formats.

  • The report that is generated manually, comprises of these sections:
    • Header: Includes details such as tax Identification number, address, the month of filling, amounts, and conditions.
    • Attachment: Includes the details of the suppliers (Invoice from BPs), the payment dates along with the payment amounts. The attachment can be sorted by payment date, suppliers and the corresponding type of services.
  • You must specify these condition/types for each payment:
    • Deducted at Source is represented as ‘1’
    • Periodic payment of tax for recipient is represented as ‘2’
    • One time payment of tax for recipient is represented as ‘3’.

Withholding Tax - PND54 Report

A report of payments made to foreign suppliers (company or juristic partnership) incorporated under foreign laws and not carrying on business in Thailand. However, such suppliers are receiving assessable income from commission, fee, goodwill, dividend, share of profits or any other gain derived that is paid from or in Thailand.
  • The PND54 report is furnished as ‘WHT Declaration Summary – Imported Foreign Services’. This report provides details relating to the withholding tax payments pertaining to section 70 and 70 BIS of the Thailand tax department.
  • You must submit the withholding tax report to the tax authorities before 7th of every month.
  • In Infor ERP LN, you can use the Print Withholding Tax and Profit Remittance (lptha1410m000) session to print PND54 report for withholding tax.
    • This session is enabled only if the Business Partner Set for PND54 is specified in the Thailand Parameters (lptha0100m000) session.
    • The PND54 certificate is assigned a unique number group and series as specified in the Series for PND54 BP's field in the Thailand Parameters (lptha0100m000) session.
  • The PND54 report comprises of these two parts:
    • Part A: includes payments related to section 70 that are mapped to the Type of Income in the Income Types for Reporting (lptha0105m000) session.
    • Part B: includes incomes or payments related to section 70BIS that are mapped to the Type of Income in the Income Types for Reporting (lptha0105m000) session. These amounts are considered for this group and placed under the tax computation table.