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Taxes on renting out a condo in Thailand

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Dear AN Fellow Members.


As the title suggest, below questions pertaining to applicable taxes on renting out a condo in Thailand…

1. Personal Income tax
Anyone experience in filing this as a Thai-Resident (>180 days in Thailand)? What docs are to submitted along the PND94 (midyear filing tax return) and PND90 by the end of the year?
- Rental Agreement?
- Bank statement as proof of receiving rent?

I’ve heard that a straightforward 15% withholding tax may be charged for non-residents (<180 days in Thailand). What happens when one would go on a short 14 days Holiday abroad in the first half of the year, means just 14 days short of being a tax-resident for the first half of the year. How does this impact the mid-year tax filing (PND94) in that situation? Or does it not really matter as this only comes to play when doing the PND90 filing instead?

2. Land & Building tax
When? How much (%) and Where to file/pay these taxes?
Any difference in (%) for renting out as opposed to living in yourself?

Are the land & building taxes to be paid in advance for the same year or are they calculated/ filed and paid on the previous year (like personal income tax)?

What if you owned the property only 1 month in previous year? How will this tax be calculated and who’s responsible for paying this tax (split between previous and current owner)?

TIA to all AN Members!

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