Short answer: Yes, rental income earned from a property in Pattaya is subject to Thai personal income tax. If you are an individual, tax rates are progressive, ranging from 5% to 35% depending on your total annual income.
Yes, rental income earned from a property in Pattaya is subject to Thai personal income tax. If you are an individual, tax rates are progressive, ranging from 5% to 35% depending on your total annual income. You are allowed to deduct a standard 30% of gross rental income for maintenance and expenses. Foreigners must file annual tax returns in Thailand if they generate income from Thai sources, including rental income.