What is a Thai Tax Identification Number (TIN)? A Thai Tax Identification Number (also called tax identification or identification number) is a unique 13-digit numeric identifier issued by Thailand’s Revenue Department to individuals and businesses for tax administration purposes. This official identification number serves as…
Thailand’s tax system can seem complex, especially for foreigners and first-time filers. This comprehensive guide covers everything you need to know about Thai tax filing, including filing deadlines, tax rates, deductions, penalties, and answers to the most common questions that…
Thailand’s Value Added Tax (VAT) refund program is one of the most generous in Southeast Asia, allowing eligible foreign tourists to reclaim a significant portion of taxes paid on their purchases. This comprehensive guide covers everything you need to know about claiming…
Thailand’s foreign income taxation landscape shifted fundamentally on January 1, 2024, with the implementation of Revenue Department Order No. Por. 161 For the first time, Thai tax residents face mandatory taxation on foreign-sourced income when remitted to Thailand, closing a…
On June 17, 2025, Thailand’s Cabinet approved – and the Royal Gazette officially published on September 5, 2025 – a landmark five-year personal income tax exemption on cryptocurrency and digital asset capital gains. Effective from January 1, 2025, through December…
Selling a condo or house in Thailand comes with a hidden shock for many individuals: the Withholding Tax (WHT). Unlike in many Western countries where capital gains tax is filed at the end of the year, Thailand demands this tax upfront at the…
The Specific Business Tax (SBT) is one of Thailand’s most significant property transfer taxes for sellers, yet it remains widely misunderstood. This comprehensive guide decodes the 3.3% SBT requirement, explains critical exemptions that can save you hundreds of thousands of…
Thailand has emerged as Southeast Asia’s premier hub for cryptocurrency regulation, offering a transparent legal framework and clear pathways for digital asset businesses seeking legitimate market entry. The Kingdom’s regulatory approach – balancing innovation with investor protection – has attracted…
When your company receives payments from Thai clients, understanding Thailand’s withholding tax (WHT) system is critical to protecting your profit margins. Many foreign vendors unknowingly pay 15% tax on income that could be exempt, or conversely, face unexpected liabilities because…
Thailand’s cryptocurrency market has witnessed remarkable growth in recent years, with the nation boasting one of the highest cryptocurrency ownership rates globally. As digital assets become an increasingly integral part of the investment landscape, individuals and businesses must navigate a…