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Which limitation periods apply to bringing a claim and what is the trigger?

The limitation period for filing a claim in Thailand can vary from 0.5, 1, 2, 5 or 10 years. Ten years is the basic prescription period in Thailand if the law does not establish a shorter period for a specific claim. The limitation period for claims concerning taxes is ten years. The limitation period for claims concerning arrears of interest, salaries, rent or hire of immovable properties is five years. The limitation period of two years will be more most commercial transactions.

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