Thailandintroduced a 15% capital gains taxon crypto traders operating in the country. At the time, the government urged investors to calculate and report their crypto income in tax declarations to avoid penalties.
Thailand Tax LawThe Thailand Revenue Code is the body of tax law that codifies procedures regarding tax assessment, the collection of revenue taxes, personal and corporate income tax, value added tax and tax liability, specific business tax and stamp duty....
The surviving company will assume all assets, liabilities, rights, and obligations of the merging company by operation of law. On 21 February 2024, the TRD issued the Ruling regarding tax treatment for the new merger scheme. According to the Ruling, from a tax perspective, a merger would be...
Siam Legal International is a full-service law firm providing legal services to both businesses and individuals in Thailand, including tax consulting services. We ensure that you and/or your business understand your tax obligations to avoid issues with Thai law, and that you can minimize your tax...
Tax Law Updates 1. Income tax exemption for unitholders in property funds and an exemption for value-added tax, specific business tax and stamp duty for property funds Royal Decree (Issue No. 763) B.E. 2566 stipulates an income tax exemption for unitholders in property funds as well as ex...
Tax Law Update 1. Income Tax exemption for compensation received from the government for the official and third party who works relating to the pandemic of the Coronavirus Disease 2019 2. Regulation regarding documents or evidence showing the necessary information for the analysis of the terms of ...
Thaiembassy.com is managed by Siam Legal International – a premier law firm in Thailand with its headquarters in Bangkok. Our offices are strategically located throughout the major cities in Thailand including Chiang Mai, Pattaya, Samui, and Phuket along with international representative offices in ...
Whether you are with PE or without PE, all kinds of income will be levied according to Thailand’s domestic sourced income. Besides, it will be levied by Thailand Tax Rates. The withholding tax rates under domestic law are: Business Profits – 10% Dividend – 10% Interest (loan) – 15%...
I’ve been talking to many foreigners in Thailand and was surprised to find out that many of them don’t even know they have Thai social security. They simply assume the money deducted from their salary every month is only for personal income tax. In fact, if you work for a company in...
By nature, I am very skeptical about services provided by companies that start with the name ‘Expats’ and also about other law firms. What happened to me with EXPATTAX—it cannot be expressed positively enough—is an experience with which I hereby pay my respect and esteem to Ms Anthiya...