Withholding tax certificate
The withholding certificate must be printed in a specific format.
A WHT certificate is generated, when paying a WHT-liable purchase invoice or standing order. The certificate ID is a unique alphanumeric string that is sent to the suppliers. The certificate ID may consist of a series and a running number and must be generated for Payment by Supplier (Invoice from Business partner) by finance company.
- PND3 – For Individual
- PND53 – For Corporate
- PND54 – WHT Declaration Summary – Imported Foreign Services
This certificate includes the amounts, grouped by the type of services, such as advertising, royalties and commission. This certificate also specifies the time when the WHT is deducted.
- Withhold at source
- Pay every time
- Pay one time
Monthly withholding tax report (PND3/PND53)
This report is generated on a monthly basis and is sent to the tax authorities for the previous month transactions before the 7th of every month.
Yearly withholding tax report
A report is generated from Infor LN to represent all the WHT transactions that occur in a financial year and are submitted to the tax authorities for verification.
WHT Declaration Summary – Imported Foreign Services (PND54)
PND54 is a report of payments made to foreign suppliers (company or juristic partnership) incorporated under foreign laws and not carrying on business in Thailand but receiving assessable income from commission, fee, goodwill, dividend, share of profits or any other gain derived which is paid from or in Thailand.
This report deals with the reporting of withholding tax payments related to section 70 and Section 70 BIS of Thailand tax department.