Several categories of people can face inheritance tax, depending on their relationship to the deceased, their residency, and which assets are involved.
Some key points:
- Thai nationals are subject if the inherited estate in Thailand meets the threshold.
- Foreign residents or expatriates domiciled in Thailand may also be liable.
- Foreign beneficiaries can still owe tax if they inherit assets located in Thailand (regardless of where they live).
- Juristic persons (companies, juristic entities) incorporated under Thai law may also be subject, particularly if they receive inherited property.
If you want to dive deeper into which types of assets and heir relationships are taxed, download our succession planning guide to lean more.
Category: Succession Planning
