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Tax Law in Thailand

Option for Buying Land in Phuket

Option for Buying Land or Property in Phuket When buying a property, finding and doing due diligence on the property, signing the contract, and transferring ownership of the asset, which way to go when an option is possible? Buy land or buy shares in the Thai LLC? Go to the Land Department or go to [...]

By |2023-05-31T19:08:45+07:00October 20, 2021|REAL ESTATE LAW|

Thailand’s VAT Non-Resident | The Revenue Code No.53

The amendment Act No. 53 (2021) of the Revenue Code has effects on non-resident electronic services; the details are below: 1: What Does Electronic Service Mean? Electronic service refers to services, including incorporeal property, that are delivered over the Internet or any other electronic network and whose nature renders their service essentially automated and [...]

By |2023-06-06T16:26:11+07:00September 1, 2021|BUSINESS LAW, E-COMMERCE LAW, LAW NEWS|

How Inheritance Tax works in Thailand

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 [...]

By |2023-06-06T16:29:12+07:00June 23, 2021|CIVIL LAW, INHERITANCE LAW|

Building and Land Tax in Phuket

The 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 to stimulate the use of land and buildings. It is a good idea to know how it works. Who is [...]

By |2023-06-06T16:31:16+07:00February 4, 2020|REAL ESTATE LAW|
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