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Appendix 5.3 (Stamp duty of Baht 20 required to be affixed) PROXY FORM C (form of proxy for use specifically by foreign shareholders for whom a custodian in Thailand has been appointed) Shareholder
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How to fill out stamp duty of baht
How to fill out stamp duty of baht:
01
Obtain the necessary stamp duty form from the appropriate government agency or tax office.
02
Fill in the required information such as the name of the payer, the type of transaction, and the amount being paid in baht.
03
Calculate the stamp duty amount based on the specified rates for the particular transaction.
04
Pay the stamp duty amount either in cash or through electronic payment methods as instructed by the agency.
05
Obtain the stamp duty receipt or certificate as proof of payment.
Who needs stamp duty of baht:
01
Individuals or businesses involved in certain financial transactions in Thailand may be required to pay stamp duty in baht.
02
This can include property sales or transfers, loan agreements, securities transactions, insurance policies, and certain legal documents.
03
Stamp duty is typically imposed by the government to validate the legality of a transaction and generate revenue for the state.
04
The specific requirements for stamp duty may vary depending on the nature of the transaction and the applicable laws and regulations in Thailand.
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What is stamp duty of baht?
Stamp duty of baht is a tax imposed on certain official documents in Thailand, such as contracts, agreements, and promissory notes.
Who is required to file stamp duty of baht?
The parties involved in the transaction are generally required to file stamp duty of baht.
How to fill out stamp duty of baht?
Stamp duty of baht can be filled out by completing the necessary forms and submitting them to the relevant tax authority.
What is the purpose of stamp duty of baht?
The purpose of stamp duty of baht is to generate revenue for the government and deter tax evasion.
What information must be reported on stamp duty of baht?
The information that must be reported on stamp duty of baht includes details of the transaction, the parties involved, and the amount of tax payable.
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