Thailand | Taxes on income, profits and capital gains (current LCU)
Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Kingdom of Thailand
Records
63
Source
Thailand | Taxes on income, profits and capital gains (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 2550000000
1973 3168000000
1974 4729000000
1975 6102000000
1976 6807000000
1977 8163000000
1978 11440000000
1979 13736000000
1980 16847000000
1981 21581000000
1982 24435000000
1983 26706000000
1984 31101000000
1985 33737000000
1986 35661000000
1987 35730000000
1988 49848000000
1989 65234000000
1990 97725000000
1991 123687000000
1992 137219000000
1993 159052000000
1994 199403000000
1995 241814000000
1996 277671000000
1997 276238000000
1998 214892000000
1999 213673000000
2000 235421000000
2001 253566000000
2002 279325975072.18
2003 332603870932.14
2004 407871145759.83
2005 491796236486.97
2006 576667390000
2007 614883030000
2008 712700000000
2009 638395780000
2010 682859680000
2011 852749390000
2012 863268442121.36
2013 943207788849.93
2014 881590601488.64
2015 895204867333.28
2016 894057998127.68
2017 893753967434.47
2018 975029617627.61
2019 1031929444762.8
2020 912617926882.21
2021 923793937417.83
2022
Thailand | Taxes on income, profits and capital gains (current LCU)
Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Kingdom of Thailand
Records
63
Source