Taxation in Thailand: Know the Tax Traps
For many businesses, looking for prospects outside of their own country is a natural part of the growth process. Businesses can boost sales and profits by expanding their markets. Additionally, it is also possible by interacting with new clients while reducing risk by not relying on a single market. Along with the opportunities, the taxation […]
Taxation in Thailand: Inheritance & Gift Tax
The policies of Taxation in Thailand extend to a great range of subjection. Apart from the regular personal and corporate income tax regimes, even inheritance and gifts are taxable. Let us know about that in detail. Inheritance Tax Thailand’s Inheritance Tax Act went into force on February 1, 2016. The act does not apply to […]
Did You Know that the Gifts are also Subjected to Taxation in Thailand?
Did You Know that the Gifts are also Subjected to Taxation? No? Then you must know about gift tax in Thailand. On February 1st, 2016, the tax has been imposed on gifts too. When Do You Need to Pay Gift Tax in Thailand? Gifts that are given by an individual who is still alive is […]
