Thailand: Revenue Department’s Latest Order Expanding the Tax Assessment of Individuals’ Foreign Source Income

Published on Sep 17, 2023

A resident of Thailand would have the obligation to assess income from foreign sources as a part of assessable income of the tax year (i.e., calendar year starting from 1 January to 31 December of such year) which it is brought into Thailand. This New Order will be effective on 1 January 2024.