The Thai Revenue Department has published Royal Decree 793, which provides for the implementation of the incentives approved in July 2024 for Thai nationals working overseas who return to work in Thailand. This includes a flat personal income tax rate of 17% on employment income for returning Thai nationals who work in target industries that are exempt from corporate tax in accordance with the National Competitiveness Enhancement for Targeted Industries Act, the Investment Promotion Act, or the Eastern Special Development Zone Act. Conditions for the incentive include, among other things, that qualifying individuals must have at least a bachelor's degree...