Showing 1 - 4 of 4
More local input needed to adjust tax law
Business, Wichit Chantanusornsiri, Published on 17/05/2024
» Local governments must play a greater role in amending the land and building tax law, which has been in effect for five years, says Pornchai Thiraveja, director-general of the Fiscal Policy Office.
Ministries assess land and building tax
Business, Wichit Chantanusornsiri, Published on 16/10/2023
» The Finance and Interior ministries are jointly assessing problems and obstacles related to the enforcement of the 2019 Land and Building Tax Act, says Fiscal Policy Office director-general Pornchai Thiraveja.
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.
Overseas earnings targeted
Business, Wichit Chantanusornsiri, Published on 19/09/2023
» The Revenue Department has ruled that a person who resides in Thailand for up to 180 days a year and earns overseas income from work or assets will be subject to personal income tax, according to Section 48 of the Revenue Code.