Showing 1 - 10 of 12
Law exempting tax on foreign income in the offing
Business, Wichit Chantanusornsiri, Published on 05/08/2025
» The Revenue Department is expediting the introduction of legislation to exempt Thais from income tax on foreign-sourced earnings within this year.
New approach to overseas income aims to spur inflows
Business, Wichit Chantanusornsiri, Published on 04/06/2025
» The Revenue Department is shifting its approach on how it taxes income sourced from abroad.
Still room for regulators to intervene
Business, Wichit Chantanusornsiri, Published on 24/03/2025
» The draft Financial Hub bill does not confer absolute or exclusive authority over the supervision of financial transactions.
Draft financial hub law heads to cabinet
Business, Wichit Chantanusornsiri, Published on 23/01/2025
» The Finance Ministry has completed drafting the financial hub legislation and expects to submit it to the cabinet in early February.
Ministry to review welfare card rules
Business, Wichit Chantanusornsiri, Published on 14/10/2024
» The Finance Ministry plans to review the eligibility criteria for state welfare cards, taking into account the planned increase in the minimum wage.
Financial centre hub panel sets framework
Business, Wichit Chantanusornsiri, Published on 12/10/2024
» A working panel on policy formulation and drafting laws to establish a financial hub yesterday agreed on a framework for such centres and drawing up legislation.
Law to tax income from overseas in the works
Wichit Chantanusornsiri, Published on 06/09/2024
» The Thai Revenue Department is drafting a law to tax the income of individuals residing in Thailand that originates from overseas.
Navigating new foreign income rules
Business, Wichit Chantanusornsiri, Published on 27/06/2024
» Benjamin Franklin famously said in reference to the US Constitution 235 years ago that only two things are certain in this world: death and taxes.
New overseas income rules proposed
Business, Wichit Chantanusornsiri, Published on 05/06/2024
» The Revenue Department is preparing to amend the law to collect taxes from individuals who have income from abroad, even if that income is not brought into the country.
Amendment to see overseas income taxed
Business, Wichit Chantanusornsiri, Published on 26/09/2023
» The Revenue Department recently amended its notification regarding taxation on specified foreign-sourced income by stipulating that local residents who earn overseas income will be subject to personal income tax (PIT), according to Paragraph 2 of Section 41 of the Revenue Code.