Thailand | Taxes on income, profits and capital gains (% of total taxes)
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 (% of total taxes)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
13.57755178 1972
14.02080106 1973
13.4598964 1974
17.97296103 1975
18.21709576 1976
17.42666837 1977
20.09450036 1978
19.86147862 1979
19.3485776 1980
21.06018171 1981
22.96975907 1982
20.50774051 1983
22.3130179 1984
23.3293226 1985
23.1077272 1986
20.1366111 1987
21.58333189 1988
22.54657312 1989
26.47089894 1990
28.3365369 1991
31.08792678 1992
31.64936802 1993
33.70736564 1994
34.8729116 1995
35.78866372 1996
36.41332001 1997
33.14914741 1998
34.61014528 1999
35.7838689 2000
36.29613545 2001
35.94095352 2002
36.35632522 2003
39.48633528 2004
40.21175638 2005
43.8995005 2006
44.73703577 2007
47.72331592 2008
46.56514401 2009
42.31004555 2010
46.09413108 2011
45.24256145 2012
42.92782488 2013
42.1512915 2014
40.35576634 2015
39.88872232 2016
39.04263151 2017
39.92637011 2018
41.6912003 2019
40.30519424 2020
39.89218997 2021
2022
Thailand | Taxes on income, profits and capital gains (% of total taxes)
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