Chinese Song Red New Year like this... is it taxable!?
👉 Let's see the "recipient" side.
💸 Case 1:
If you get Bao from your parents, relatives, family,
➡️ if not more than 20 million baht a year.
✅ No income tax. You can be comfortable.
💸 Case 2:
If you get it from a boss or a company,
⚠️ This is a different story.
➡️ is considered money from work.
❌ have to take it and file it with salary, bonuses, other compensation.
Taxes definitely come. 🧾
👉 What about the "paying company" side?
🏢, what kind of "deductible"?
✅ Give it to all employees.
✅ don't choose love. Often hate.
➡️ like this to pay the company.
🚫 But if...
❌ Special to some people.
❌, "Honey, the executive likes it."
❌. Provided by affection. Not based on guidelines.
➡️ like this can't be paid, risk being asked back. 😬
🎯 Brief summary
• Receiving from family = mostly non-taxable
• Get from the company = tax comes
• Fair distribution company = deductible expenditure
• Give away love balls = Be careful of the IRS 👀
📌 Get the red envelope. Don't forget to look at the source.
Happy Chinese New Year. 🧧
































































































