Back
07.12.2024
1050

Thailand's tax legislation

Thailand's tax legislation
Foreign nationals are subject to a variety of critical components of Thai tax law, particularly if they own property or generate income within the country. Rental income taxation is a critical component. Residents of Thailand are subject to a 5% withholding tax, whereas non-resident expatriates are typically subject to a 15% withholding tax on rental income. Furthermore, property sales and transfer taxes are applicable when purchasing or disposing of real estate in Thailand. We include the following taxes: registration duty, withholding tax, business tax, and transfer fee. The specific rates and calculations may differ depending on factors such as the property's value and the proprietor's status. It is essential for expatriates to remain informed about the most recent tax regulations and to consider seeking guidance from tax professionals to ensure compliance and optimize their financial planning in Thailand.

Useful articles

All articles
Articles

Find out what weather awaits you in Alanya in 2025: air and sea temperatures by month, rainy and sunny seasons, as well as tips for relocation, vacations, and real estate purchases. The article includes interesting facts and comments from local residents and RestProperty experts.

Read more 10.06.2025
Articles Turkey

A Complete Guide to Recovering Funds from a Developer in Turkey for Construction Delays: Pre-Trial Claims, Mediation, Court Proceedings, Choosing a Lawyer, and Potential Compensation.

Read more 30.05.2025
Articles

Why is Trump Private Club the Most Desired Club in the Middle East? What Does Membership Include?

Read more 30.05.2025
Articles UAE

Explore Dubai: From Burj Khalifa to Palm Jumeirah! Top Spots, Observation Decks, and Travel Tips.

Read more 30.05.2025
>