Educational Information Only
The content on this page is for general educational purposes and does not constitute legal advice. Every legal situation is unique. For matters involving investigation, arrest, litigation, or formal proceedings, consult a qualified legal professional.
Revenue Code Section 91 — Specific business tax (SBT)
Revenue Code (ประมวลรัษฎากร) — Section 91.
Plain-English Summary
Specific Business Tax is charged in lieu of VAT on certain financial and real-estate businesses, including banking and similar businesses, life insurance, pawn-broking, sale of immovable property in a commercial or profitable manner, and other businesses specified by Royal Decree. The standard SBT rate is 3.3% (3% plus 10% municipal surcharge). SBT applies to immovable-property sales within five years of acquisition.
Context
This section sits within Chapter V — Specific Business Tax of the Revenue Code. It should be read together with the surrounding provisions and any applicable Ministerial Regulations, Royal Decrees or Revenue Department / Police orders that elaborate the detail.
Official Text
Official Thai text at the Royal Gazette / Office of the Council of State. Translation summary only.
Consult official sourceParent Statute
Revenue Code
ประมวลรัษฎากร · B.E. 2481 (1938)
The Revenue Code is the primary tax statute of Thailand. It governs personal income tax (PIT), corporate income tax (CIT), value added tax (VAT), specific business tax (SBT) and stamp duty. The Code is administered by the Revenue Department of the Ministry of Finance and is regularly supplemented by Revenue Department Notifications (Por.), Departmental Instructions, and Royal Decrees that grant exemptions or set detailed thresholds.
The summary above is a plain-English educational paraphrase of Section 91 of the Revenue Code. It is not an authoritative translation. For the binding Thai text, consult the Royal Gazette or the Office of the Council of State. Educational use only — not a substitute for advice from a Thai-qualified lawyer.
Professional Legal Assistance
When a matter involves investigation, arrest, detention, litigation, or regulatory action, professional legal representation becomes essential.
Anglo Siam Legal provides experienced legal services across Thailand for both Thai nationals and foreigners.
feedback.wasThisHelpful