dinga

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?

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.

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!

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

NO - it's oft one side of the line,not stradling it

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

Derrrrr - Usual/obvious barrier is language

Prediction not looking good, at this stage Silver Price & PGMsJan 11, 2026 11:50 PM NY Time Kitco Morning Fix Silver83.41+3.57

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

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.

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.

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.

EXCEPT if you want a Wise Card [which I do...]

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.

I thought Wise wouldn't create an account for a resident of Thailand. Is this still the case????

AGREED - acceptable risk levels are a matter for individuals - hence be aware of the Pros & Cons (sic), and don't just listen to unaffected oracles before making any decisions. My Tessabaan (in Rayong) has been focused on collecting House & Land taxes for the past 2 years [we live in a touristy area where such should be a significant source of revenue]

Forget about WHT - seems to only apply to a non-resident owner. Also: Rental Income in Thailand All rental properties are subject to a House and Land Tax, which is 12.5% of the annual rental income. On top of that, the rental income is taxable, and owners will have to pay Thai income taxes on the money. Thai income taxes are calculated using a progressive scale ranging from 0-37%.

INDEED - the spagetti roads and lack of signage seem problematic to everyone except <n8sail>

story's correct but incorrectly attributed to events 60 years after it happened [just prior to the Great Depression]

https://www.rayongimmigration.go.th/news/detail/351 Be careful as access may be a challenge as there is a traffic island so if you're coming from Map Ta Phut you must go past the office and return via a U-Turn and spagetti junctions!!!!!

Perhaps - but never if the rider does not have a valid M/C Driver's Licence

Very simple - I pass the so-called tests; Residence accordingly to ordinary concepts (i.e. someone who resides in Australia); NO - CLEARLY I AM A RESIDENT OF THAILAND - LIVED AND WORKED HERE FOR OVER 2 DECADES [GAINED PERMANENT RESIDENCE STATUS OVER A DECADE AGO; THAI WIFE; USUFRUCT & HABITATION AGREEMENTS OVER REAL PROPERTY; IN ALL THAT TIME HAVE ONLY LEFT THAILAND FOR LIMITED PERIODS - MAXIMUM 2 WEEKS AT A TIME - AND ONLY A FEW TIMES EACH YEAR ETCETCETC] The domicile and ‘permanent place of abode’ test; NO - CLEARLY THAT'S THAILAND The 183-day test; or NO - NEVER WITHIN COOEEE OF THAT PERIOD [OVER THE PAST DECADES, PROBABLY THE MOST TIME I'VE SPENT IN AUSTRALIA IS ABOUT 15 DAYS IN ANY FINANCIAL YEAR The Commonwealth superannuation fund test. NO - I DO NOT RECEIVE ANY PAYMENTS FROM COMMONWEALTH SUPER The primarily test is the 183-day test, that is, if a person who is physically present in Australia for a period of 183 days or more in any income year, this person will be considered as a resident for Australian tax purposes. NO - NEVER THE CASE The secondary test is a ‘Factor Test’ which applies to individuals who spend more than 45 days but less than 183 days in an income year. NO - NEVER HAVE SPENT ANYWHERE NEAR 45 DAYS IN OZ HENCE THE 'SECONDARY TESTS ARE IRRELEVANT ANYWAY. The secondary tests focus on four factors, two of which must be satisfied by that person to be deemed as resident for tax purposes. Factors include: The Right to reside permanently in Australia (e.g. citizenship or permanent residency); YES The ability to access accommodation in Australia (e.g. rights of ownership, leasehold interest, licenses); NO - NONE Whether the individual’s family (spouse or any of their children under 18) are generally located in Australia; NO The individual’s Australian economic connections (employment, carry on business, interests in Australia). NO - AUSTRALIAN ASSETS ARE MINOR WHEN COMPARED TO ASSETS OUTSIDE OZ - AN ARGUMENT THAT COULD NOT BE PROSECUTED EXCEPT IN VERY, VERY BAD FAITH.

Thanks - was aware of those changes and they have ZERO effect on me [no doubt they'll keep plugging away to try and capture every Oz Passport holder in their desperation to collect more taxes that can be wasted]

NO - for many years, I've been a Tax Resident of Thailand - that's been made clear to all, including the ATO and my banks

Thanks for all the suggestions. FYI I elected to not go with the charade of pretending I reside in Oz by providing an Oz address - but the simplest & (I hope) lowest risk of transferring my Commsec holdings to Tiger Brokers, Singapore [with whom I already had an account]. TB use BNP Paribas as their Custodian for Oz shares - BNP are a CHESS Sponsor with the downside that my shares are held in an "omnibus" account by BNP, rather than in my own name. The transfers occured easily & quickly