Keywords: Mazars, Thailand, Tax, Revenue Code, Royal Gazette, Personal Income Tax, Tax Deduction, Second Child
11 December 2018
The main points are set out below:
1. The deduction can be claimed only for a legitimate child of the taxpayer or the taxpayer’s spouse.
2. The deduction can be claimed for a second child born from 2018 onwards.
3. The deduction for a legitimate child has been increased from THB 30,000 to THB 60,000.
4. The number of legitimate children will include previous legitimate children who have since died.