A gift from abroad, or domestic transfer, a gift is a gift.
Technically, it COULD be taxable............for you. The funds sent through Wise are technically in your name until deposited in the receiver's bank account.
Depends on whether the funds are considered assessable, and what particular set of constantly changing rules you bring them in under.
For the receiver, it's a tax-free gift.
Gift tax rates in Thailand are structured to favor transfers to direct relatives. For gifts to ascendants, descendants, or spouses, the tax-free threshold is 20 million baht per year to a single recipient, with a tax rate of 5% applied to amounts exceeding this threshold. For gifts to individuals who are not the taxpayer’s parent, descendant, or spouse, the exemption is up to 10 million baht per year per recipient, with a 5% tax rate on the excess.
***FOR ENTERTAINMENT ONLY, DO NOT TAKE INTERNALLY***