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 Return Filing in Thailand
The time has come to submit personal income taxes and tax return filing in Thailand. From 1 January to 10 April 2023, Thai taxpayers have the legal obligation of income disclosure to the Revenue Department of Thailand. For this, you must have an account of your income in Thailand between January 1 and December 31, […]
Shop Dee Mee Kuen for Tax Deduction in Thailand
Tax Season in Thailand is going to start very soon. So, if you have already made the calculations to file your Personal Income Tax this year, you need to hold back and check once. Have you made a deduction for the shopping you did this year? If not, let us explain to you the “Shop […]
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 […]
Tax Audit and Compliance for Foreign Business in Thailand
Albert Einstein once stated that the hardest thing to understand in this world is Income Tax. If the genius can have a problem in understanding taxation, you and I can be very prone to misinterpretation. This article will guide you to understand the tax audit and compliance for a foreign business in Thailand. Overview The […]
Everything about Personal Income Tax Filing in Thailand
If you are earning in Thailand, then you must have your own tax ID number. You can get it from the tax office. Just make sure you present your ID, including your passport or ID card. Additionally, you will need to prove why you require the number. And those who have been living in Thailand […]
Everything You Need to Know about the New Personal Income Tax in Thailand
The new personal income tax (PIT) in Thailand aims at easing the tax burdens while boosting the disposable income. So, how the new structure is formed? The income tax bands are subjected to 30% and 35% tax, and therefore increases deductibles, and double the allowance. As for the low-income tax bands that remain unchanged. However, […]
