A-Z Facts Of Thailand’s 2025 Global Minimum Tax
Samuel, a British investor, was eager to expand his 25-year-old gem and jewelry business into Thailand. Confident in his firm’s tax-compliant operations, he planned to shift the operations by January 2025. However, his excitement turned to shock; when he learned about Thailand’s 2025 global minimum tax. Under ‘Pillar Two’ of the OECD’s Base Erosion and Profit […]
How to File Withholding Tax in Thailand?
Thailand, a globally recognized destination for businesses and investors, holds a distinctive tax landscape including withholding tax. Comprehending this tax is paramount for companies and investors looking to establish a presence in Thailand. Withholding tax, a tax deducted at the source of income can be a complex concept for those unfamiliar with the country’s tax […]
Guide to Tax on Foreign Income in Thailand
Is foreign-sourced income getting credited to your Thai bank Account? Then you need to check whether it is taxable or not. Effective January 1, 2024, the Revenue Department of Thailand has implemented substantial revisions to the taxation of income derived abroad and imported into the country. These tax adjustments hold noteworthy consequences for individuals residing […]
Tax Registration for Foreign Business in Thailand
Venturing into a foreign market like Thailand presents lucrative avenues for business growth, but it also entails the responsibility of understanding and adhering to local tax regulations. For foreign businesses operating in Thailand, accurate tax filing is crucial to ensure compliance with the law and avert potential penalties. Therefore, tax registration is very crucial for […]
Income Tax for Foreign Business in Thailand
As a foreign investor or company in Thailand, it is essential for you to know about the income tax obligations in the kingdom. We all know that the Royal Thai government offers various tax and non-tax incentives to foreign investors. Therefore, unless you do your tax planning, you will never be able to assess whether […]
Income Tax for Foreigners in Thailand
Are you a foreigner or an expat earning your living and thinking of filing income tax in Thailand? To proceed on this step, the first thing that you should do is to check whether there is any bilateral treaty between your nation with Thailand. If yes, you may enjoy some tax deductions! However, this article […]
Tax Checklist for US Expats in Thailand
Are you an American staying and earning in Thailand? Then this Tax Checklist for US Expats in Thailand is something that you will need now. Tax season is approaching and very soon it will be the time to declare your income in Thailand to pay taxes. To start with, let us update you with a […]
Benefits of Tax Firms in Thailand for Foreign Investors
Tax firms in Thailand are beneficial for foreign investors for several reasons. Firstly, the tax system in Thailand is complex and constantly changing, which can be challenging for foreign investors to navigate on their own. Secondly, hiring a reputable tax firm can help ensure compliance with Thai tax laws, minimizing the risk of fines and […]
Tax Refund in Thailand for Foreigners: Process Explained!
Whether you are a tourist or an expat, you are eligible to get tax refunds in Thailand. If you are working in Thailand and paying taxes, you will certainly be eligible for a tax refund. As tourists, you can avail of tax refund benefits on the VAT you have paid while making your purchase during […]
New Property Tax Rates in Thailand
The deadlines are approaching! Therefore, if you are an owner of land or building in Thailand, you must know about the new tax rates and reductions. Although announced in December 2022, many of you might have missed out on the details. Now as the extended deadlines are nearing, we take it our responsibility to update […]
