Thai taxation
Withholding Tax 15% (Rental Income)
Also known as: PND.1
Definition
A 15% withholding tax on gross rental income withheld by the tenant and remitted by the tenant to the Revenue Department within 7 days of the following month (form PND.1). For a non-resident French-speaking landlord, this WHT is creditable in France under the 1974 tax treaty. Our rental management service systematically includes PND.1 filing and provision of an annual tax certificate.