Southeast Asia
Thailand: tax at a glance
Residents, meaning anyone in Thailand for 180 days or more, are taxed on Thai income plus any foreign income remitted to Thailand. A 2024 rule ended the old exemption tied to the year the income was earned.
Ways to relocate to Thailand
The residency and citizenship routes that lead here, weighed against the tax picture above.
The taxes
- Personal income (top)
- 35%Progressive, with a top rate of 35% above THB 5m. Since 1 Jan 2024, remitted foreign income is taxable regardless of the year it was earned. A 2025 draft proposal would exempt remittances made within two tax years.
- Corporate income
- 20%
- Capital gains
- Taxed as ordinary income, at 0-35%. Gains on SET-listed shares are exempt.
- VAT
- 7%
- Dividends (WHT)
- 10%
- Interest (WHT)
- 15%
- Royalties (WHT)
- 15%
- Social security (employee)
- 5%, capped at THB 750 per month.
- Social security (employer)
- 5%, capped at THB 750 per month.
- Wealth tax
- None
- Inheritance / estate
- 5-10% on inherited estate value above THB 100m. Spouses are exempt.
- Property tax
- Land and Building Tax of 0.01-0.7%, charged annually.
- Other
- Specific Business Tax on certain transactions, plus stamp duty.
How the system works
- Tax system
- Worldwide (residence-based)
- Foreign income
- Taxed (worldwide)
- Taxes by citizenship
- No
- Exit tax
- No
- CFC rules
- No
- CRS
- Participating
A special regime for new arrivals
A remittance-based system for foreign income, materially tightened from 1 January 2024. See the dedicated entry. LTR visa holders in three of the four categories are exempt from tax on remitted foreign income under Royal Decree No. 743.
The rates below are indicative headline figures (top marginal, standard, and headline rates), reviewed 2026-07. Brackets, surcharges, and state, provincial or cantonal taxes vary. Treat this as a reference map, not advice.