tax on condo rentals and furniture

[Nepal4me]

As I understand it. If you rent out your condo to a person whose company pays the rent, you have to pay tax on your revenue. The company payments to you can be split up into rent for the condo and a fee for the furniture. The tax on the condo rental is 12% and there is no tax on the furniture rental.

Can anybody confirm if this is correct?

[kannot]

Tax is payable on all condo rental if you earn enough from it BUT most people simply dont declare it.

[yankee99]

op

I dont know but if what you say is the case. One month condo rental 1baht and furniture rental 30,000 baht.... problem legally solved...

[ukrules]

It depends on who you're renting from. Previously I rented from what appeared to be a company who owned a bunch of apartments in at least one building in Bangkok.

They split the total amount between apartment rent and 'furniture rent' so it looked like I was renting the furniture for about half of the monthly fee, I figured it was probably for tax purposes.

[Arkady]

The Revenue Department will not allow rental of property at 1 baht and the rest for furniture. The division must be reasonable and I am not sure what their current interpretation of this is but it cannot be a piss take.