Emerging Markets Rates and Currencies Handbook

Tax Summary – Thailand Thailand country by country basis is a bank or financial institution (including an insurance company) companies, except where interest arises from bonds or debentures WHT • - Treaty: 10% WHT Deductibility of interests • Fully Deductible • N/A • N/A Deductibility of (FX) Losses • Fully Deductible • N/A • N/A Other Taxes/Duties • Stamp duty on loan documents capped at THB 10,000 • N/A • N/A Note: Citigroup Inc. and any of its affiliates do not provide accounting, tax, or legal advice. Please seek advice from a relevant licensed advisor Source: Relevant legislation, publicly available sources Country Deductibility and Considerations Inter-Co Debt Bank Loans Offshore Local Borrowing Derivatives Equities Offshore