According to local tax regulation, WHT deduction and Self assessed VAT may be required for Oversea payment.
It is up to Nature of payment, Seller’s official address, Period of service in Thailand, for instance.
Currently we don’t have complete supporting document when we approve IBS invoice. We would like to know Number of Days of Foreigners who work in Thailand during the year.
We are concerned for Oversea vendor who has an employee, a representative in Thailand for the purpose of carrying on business in Thailand and derives income or gains in Thailand.
If their employee stays in Thailand more than 180 days during the year (Continually and Intermittently), it will have Permanent Establishment in Thailand.
WHT deduction may be applied event there is double tax treaties between Thailand and Vendor’s country.
Incorrect WHT rate and deduction, it will cause Tax penalty and Surcharge.
Please see attached invoice GE Packaged Power, Inc., the invoice and details support did not provide number of day in Thailand (including weekend), Vendor’s employee name.
It is not only working period of each invoice but we would like to get information from the 1 Jan 2014 – present.
Can you please advise who can provide this information? The below are sample template for your reference.