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Thailand Changes Approach to Taxation of Income Derived from Abroad for Personal Income Tax Purposes

|Approved Changes|Thailand
Thailand

The Thai Revenue Department recently issued Revenue Department Order No. P.161/2023 regarding the payment of personal income tax under Section 41, paragraph two, of the Revenue Code. Section 41 concerns the payment of personal income tax by a resident of Thailand, which includes any person staying in Thailand for a period or periods aggregating 180 days or more in any tax year. Paragraph two c…

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