gift tax

Inheritance Tax and Gift Tax in Thailand - Ask Drew Noyes Drew Noyes, PAPPA Co., Ltd. Law Office Pattaya Times newspaper and website 16.07.2011
Many foreigners are concerned when they ask us at PAPPA Co., Lt.d Law Office to draw up a legal and enforceable Last Will and Testament (10,000 baht) for them that their Thai heirs will pay additional estate taxes. Additionally, when presents like gold or a house (amazing what we are willing to give that special Thai!) are given this sometimes raises the concern that a gift tax will somehow be invoked. Both inheritance taxes and gift taxes are common in Western countries so these are reasonable concerns.
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