Tax Law in Thailand
After reading "5 Steps to Understand When Buying Real Estate in Phuket", finding and doing the Due diligence on the property, the contract is signed, it is the time to transfer the ownership of the asset. But which way to use when an option is possible? Go to the land department or go to [...]
The amendment Act No. 53 (2021) of The Revenue Code effects on the Non-Resident electronic services, the details are below; 1- What Does Electronic Service Mean? Electronic service refers to service including incorporeal property which is delivered over the Internet or any other electronic network and the nature of which renders their service essentially [...]
In this article, we’re going to equip you with a short and easy explanation regarding how Inheritance Tax works in Thailand. Who is a taxpayer, tax rate, when to pay and penalty. Firstly, in B.E. 2476 (1933) Thailand had the first Inheritance Tax Act. But it was cancelled 11 years later because the amount [...]
Building and Land Tax Act B.E. 2562 came into effect on January 1, 2020, in lieu of the House and Building Tax Act B.E. 2475 and the Local Development Tax Act B.E. 2508 That in order to stimulate the use of land and building. It is a good idea to know how the Building [...]