🇹🇭 Thailand

10%

Dividend tax exemptions are available under specific conditions, such as when dividends are paid from profits derived from Board of Investment (BOI)-promoted activities during the corporate income tax exemption period. Additionally, corporate shareholders who hold at least 25% of the voting shares in a Thai subsidiary for a continuous period of three months before and after the dividend payment may qualify for a 100% tax exemption on dividends received.

0%

Capital gains from the sale of shares listed on the Stock Exchange of Thailand (SET) are exempt from tax if the transaction is conducted on the exchange. Additionally, capital gains from the sale of mutual fund units and investment units in fixed-income mutual funds may be exempt, provided the cost and related expenses are not claimed as tax-deductible.

35%

Rental income in Thailand is subject to personal income tax, with rates ranging from 5% to 35%, depending on total taxable income. A standard 30% deduction on rental income is available, or actual expenses can be claimed with proper documentation.

Yes

Property tax in Thailand is levied under the Land and Building Tax Act, with rates ranging from 0.02% to 0.3% for residential and commercial properties, and up to 1.2% for vacant land. The tax is based on the appraised value of the property and is due annually, with exemptions available for certain types of properties.

Yes

Thailand imposes an inheritance tax on inheritances exceeding 100 million THB. The tax rate is 10% for most heirs, with a reduced 5% rate for direct descendants or ascendants. Exemptions apply to assets inherited by spouses, government entities, or for public purposes. Tax must be paid within 150 days of receiving the inheritance.

No