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Tax Treatment of a Gift Transfer to My Thai Spouse
Clear as mud - expect some clarity eventually from TRD. To remove doubt, my thinking is it's best to direct the gifted funds into the giftee's overseas bank account - with the giftee then transferring those funds into their Thai bank account. Thoughts?
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File income tax return online
For last 10 odd years, my friendly TRD office has lodged my Tax Return using my eFiling Registration/Sign-on details, based on the necessary supporting documents [Income Statements; eligible Deduction/Allowances etc]. My Return has been pretty simple, but given the language challenges I suspect any complexities like DTA/Foreign Tax Credits would need explanatory assistance from an accompanying Thai translator.
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Question on tax (PIT & Land / Building tax) on renting out condo.
To be crystal clear, I am certainly not an expert in these matters - so please treat these comments/opinions/understandings as such and as informal by publically available material. Best you seek professional expertise to confirm/refute my responses: I live in a semi-touristy area of Rayong, and the local Tessabaan was devoting time & resources to track down (and collect) the House & Land Tax. This is apparently a tax on commercial or rental properties, calculated as 12.5% of the annual rent or annual assessed value (whichever is higher). I also understand it is quite separate from Income Taxes collected by the TRD, the House & Land Tax is due annually, typically by the end of February - suggest you followup at your local Tessabaan re. actual processes. 2. Rental income is considered taxable income. Deductions: Landlords can claim a standard 30% deduction for expenses (or actual expenses with proof). Progressive Rates: Net income is taxed on a progressive scale ranging from 0% to 35%. 3. Foreigners generating rental income in Thailand must pay Thai taxes, regardless of residency status. Non-Residents: A 15% withholding tax is typically deducted from the rent. Suggest you confirm requirements with the TRD. Residents (180+ days): Subject to progressive rates and must file a mid-year (PND 94) and annual return (PND 90). Chok Dee!
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Question on tax (PIT & Land / Building tax) on renting out condo.
AI Overview Rental income in Thailand is subject to personal income tax (PIT) for both residents and non-residents, taxed at progressive rates from 0% to 35% . Landlords can claim a standard 30% deduction for expenses, or actual expenses. Non-residents usually face a 15% withholding tax, which can be credited against annual returns. HLB Thailand +5 Key Tax Details for Rental Income in Thailand: Taxable Income Calculation: Gross annual rent minus a 30% standard deduction (or actual expenses). Progressive Tax Rates (2025/2026): 0 - 150,000 THB: Exempt (0%). 150,001 - 300,000 THB: 5%. 300,001 - 500,000 THB: 10%. 500,001 - 750,000 THB: 15%. 750,001 - 1,000,000 THB: 20%. 1,000,001 - 2,000,000 THB: 25%. 2,000,001 - 5,000,000 THB: 30%. Over 5,000,000 THB: 35%. Withholding Tax (WHT): Tenants (if corporate) or agents often withhold 5%–15% at the source. This acts as a prepayment of tax, not an additional tax, and can be used to offset the final annual tax bill. Filing Requirements: Mid-year return (P.N.D. 94): Due by September 30th. Annual return (P.N.D. 90): Due by March 31st of the following year. Other Taxes: A 12.5% "House and Land Tax" (or equivalent property tax) may be levied on the annual rental value. VAT: If rental income exceeds 1.8 million THB per year, you may be required to register for VAT. Koh Samui Real Estate +5 Foreigners must obtain a Tax Identification Number (TIN) to comply. Even if tax is paid in another country, it is usually still owed in Thailand, subject to double taxation treaties. YouTube +1
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Height of wall shared between two single houses?
NO - it's oft one side of the line,not stradling it
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Height of wall shared between two single houses?
My understanding also - EXCEPT where the wall is actually built on the land belonging to only one of the parties - in which case I understand the wall is owned by the person who owns the land on which the wall stands. And I understand this is very common
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Height of wall shared between two single houses?
Derrrrr - Usual/obvious barrier is language
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Where to purchase silver bars ? ? ?
Prediction not looking good, at this stage Silver Price & PGMsJan 11, 2026 11:50 PM NY Time Kitco Morning Fix Silver83.41+3.57
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Discriminatory Farang Entry Fees to National Park
Interesting but not relevant. My point is that the quoted revenue collection per National Park visitor indicates that the fees have been arbitrarily set without regard to the Laffer Curve principal ie. raising rates up to a certain point increases revenue, but raising them too high can decrease revenue, leading to a drop in total income. In my view, the numbers suggest a critical review is needed of both fee levels and attractions for all visitors
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Discriminatory Farang Entry Fees to National Park
Great nonsensical insights, Champ. Look at the maths. Clearly you've been in Thailand for about 10 minutes - otherwise you'd know that revenue impacts are a major consideration for many/most government decisions.
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Discriminatory Farang Entry Fees to National Park
GREAT SUCCESS [to quote Borat] Today's Bangkok Post reports that over 926,000 folks visited National Parks over the NY period - generating over 31million Baht in revenue. This represents an average of some 33.5 baht per visitor. Given the 10 Times disparity between Thai & Farang fees, the only conclusion to be drawn is that Farangs generally don't choose to visit National Parks. Perhaps reducing that disparity may result in more visitors and higher revenues.
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Question about Retirement Visa and Filing Tax Return
What rubbish. In this case, "respect" relates to 'self-respect' of residents who are lawfully required to abide by the kingdom's laws - including Tax Laws.
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Urgent notice received from Wise Ltd
EXCEPT if you want a Wise Card [which I do...]
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Urgent notice received from Wise Ltd
Is Wise available in Thailand? AI Overview Yes, Wise is available for use in Thailand for sending money, holding Thai Baht (THB) in a multi-currency account, and spending with the Wise card at ATMs and merchants, though residents of Thailand cannot order the physical Wise card for delivery within the country, but existing users can continue using theirs. You can easily manage money in THB, exchange funds at mid-market rates, and pay for things in Thailand with low fees, similar to a local.
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Urgent notice received from Wise Ltd
I thought Wise wouldn't create an account for a resident of Thailand. Is this still the case????
dinga
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