Overview of Inheritance Tax in Thailand

Inheritance tax in Thailand is governed by the Inheritance Tax Act B.E. 2558 (A.D. 2015), which became effective on February 1, 2016. This legislation was introduced with the intention of creating a more equitable tax system, targeting the wealth inherited from deceased individuals to ensure fairness between high and low-income earners. Key Provisions and Liabilities … Continue reading Overview of Inheritance Tax in Thailand