Governance & Economic

Tax Operations

WHA Group places great emphasis on our tax operations, ensuring adherence to principles of accuracy, transparency, verifiability, and compliance with applicable tax laws. This commitment aims to maximize benefits and foster trust among all stakeholders. Additionally, the company establishes guidelines for tax planning and practices that align with its strategic objectives and business goals.

Read this tax policy of WHA Group More at

Income Tax

In 2022, the company reported a profit before income tax of 4,967 million baht. The income tax expenses for the year amounted to 546 million baht, resulting in an effective tax rate of 11.2%. It is worth noting that the actual tax rate was lower than the corporate income tax rate of 20.09% due to variances in tax calculations arising from the disparity between accounting and taxation principles. The specific details regarding these differences can be found in the notes accompanying the company's financial statements.