What is the penalty for tax evasion in Thailand?

In Thailand, intentionally avoiding tax payments or falsely claiming refunds is considered a significant violation. Those found guilty of tax evasion can face criminal penalties, including a jail term of three months to seven years and fines from 2,000 to 200,000 Baht. Financial penalties can be 200% of the tax evaded and interest of 1.5% a month. Our advice is to stay fully compliant and within the rules.