Thailand Law Blog
Compromise and Penalty on Inheritance Tax
Extension of Tax Payment Section 8 of the Inheritance Tax Act B.E. 2558 (2015) may allow a taxpayer to submit a request to extend the tax payment period with the Revenue Department under one of these circumstances: Inability to pay tax within the period of 150 days, from the date of receiving inheritance. A taxpayer […]
Calculation of Inheritance Tax
Tax Rate An heir who receives inheritance with the value exceeding 100 million THB is subject to paying inheritance tax in the following rates stipulated by Section 16 of the Inheritance Tax Act B.E. 2558 (2015): Descendants at 5%; Parents at 5%; Grandparents at 5%; Bloodline-unrelated individuals at 10%. Case Example: Land Lot Valued at […]
Dual Citizenship Under Thai Nationality Law
By Bloodright (Jus Sanguinis) Section 7 of the Nationality Act B.E. 2508 (1965) states a person shall be granted Thai citizenship by bloodright. Granting a citizenship by right of blood is permitted under the following conditions: A child is born to a father or mother of Thai nationality. By submitting a DNA sample proving the […]
Resumption of Thai Citizenship
Dissolution of Marriage Section 23 of the Nationality Act B.E. 2508 (1965) permits a person to resume Thai nationality due to the following circumstances: Person is a former Thai citizen. Renunciation of Thai nationality to obtain the nationality of the foreign spouse under Section 13. Marriage dissolution. Therefore, the person may file an official form […]
Loss of Thai Citizenship
Renunciation Section 13 of the Nationality Act B.E. 2508 (1965) allows a Thai national to renounce their citizenship and acquire the nationality of their spouse if the individual meets all of the following conditions: Is a Thai citizen. Is married to a foreigner and acquires the nationality of the spouse. As such, a Thai citizen […]
Resumption of Thai Citizenship Application Process
Here are the timeframes of Thai citizenship resumption under the Nationality Act B.E. 2508 (1965). Resumption for a Former Thai Citizen Whose Marriage is Dissolved under Section 23 (Total 325 Days) Applicant applies with competent officials through: An embassy or a consular (overseas domicile). The Police Commander, Special Branch Bureau of Royal Thai Police (Bangkok […]
Renunciation of Thai Citizenship Application Process
Here are the timeframes of Thai citizenship renunciation under the Nationality Act B.E. 2508 (1965). Renunciation for a Thai Citizen Married to a Foreign Spouse under Section 13 (Total 325 Days) Applicant applies with competent officials through: An embassy or a consular (overseas domicile). The Police Commander, Special Branch Bureau of Royal Thai Police (Bangkok […]
Procedures for Thai Citizenship Application
Here are the timeframes of the Thai citizenship application under the Nationality Act B.E. 2508 (1965). Applying a Thai Nationality for a Thai Spouse under Section 9 (Total 475 Days) Applicant applies with competent officials through: An embassy or a consular (overseas domicile). The Police Commander, Special Branch Bureau of Royal Thai Police (Bangkok domicile). […]
Relations Between Inheritance Tax and the New Thai Tax Law
Receiving Inheritance from Overseas and Bringing it to Thailand Any individual holding Thai citizenship or a Thai resident residing for 180 days or more who receives a foreign-source inheritance and brings them into Thailand is subject to taxation under the new tax law. In contrast, an individual who is not a Thai resident (residing 180 […]
Inheritance Tax: An Overview
What is it? Any asset obtained collectively through inheritance with a total value exceeding 100 million THB is subject to taxation at a rate ranging from 5% to 10% of the total value. Who is Subject to this Taxation? There are 4 categories that would make a person subject to paying inheritance tax as defined […]
