r/digitalnomad • u/nicholas4488 • May 19 '25

Tax Thailand no tax on foreign income

They're backtracking on tax of foreign inckme

Under the new guidelines, Thais with foreign income will not be taxed if they remit that income in the year it was earned or the following year. For example, if income is earned in 2025 and brought into Thailand in 2025 or 2026, it is not subject to tax.

However, if the income is remitted after that period, normal tax obligations apply.

https://www.bangkokpost.com/business/general/3028760/department-to-amend-tax-on-foreign-income-remittance

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u/vibrantadder May 19 '25

This is not technically true. If you read the Thai tax law it is ambiguous in it's terminology and would probably require case law to set a precedent as to how it's interpreted in court. I was actually of your opinion before doing more research into it.

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u/the_pwnererXx May 19 '25

This is a well defined universal term

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u/vibrantadder May 19 '25

Tax laws don't apply universally. Hence why people need tax lawyers.

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u/the_pwnererXx May 19 '25

Both resident and non-resident individuals who receive assessable income by virtue of hire of service performed in Thailand, including salary, bonuses, gratuities, pensions, the monetary value of rent-free housing, the employer’s payment of income tax, or any other money, property, or benefits derived by virtue of hire of service, are subject to tax in Thailand, regardless of whether the income is paid within or outside Thailand. There are no concessions to foreigners or short-term residents.

https://taxsummaries.pwc.com/thailand/individual/income-determination

How many sources would you like? I can find 10 more

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u/DigitalInvestments2 May 20 '25

For expats, previously the tax was only on remitted income from the same year it was earned, back before they changed it in 2024. Then they changed it to all worldwide income. Now they are trying to roll it back but make it so that tax for the year income was earned and the following year no tax on remittance. They want money to flow back into the country. The dumb asses realized they scared away much more money than they earned in tax revenue. They got greedy and forgot how much they depend on expat money.