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Thailand tax update 20/11/23

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Missed - but a important update

Income earned before 1/1/24 can be brought into Thailand after 1/1/24 tax feee

They’ll use CRS I guess to check balances overseas to confirm

Thailand’s Revenue Department has issued an order clarifying its recent order imposing personal income tax (PIT) on the offshore-sourced income of Thailand tax residents whenever it is brought into Thailand.

The clarifying order, which was issued on November 20, 2023, confirms that the new rule will not apply to...


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