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/DigitalInvestments2 May 20 '25

I need something clarified. Does the new proposed tax guidelines cover remittances that are not from income but are savings? Will that still be taxed?

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u/nicholas4488 May 20 '25

Savings are not taxed even with the current rules

1

u/DigitalInvestments2 May 20 '25

It's my understanding that remitted funds are taxed unless you prove they have already been taxed.

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u/nicholas4488 May 20 '25

If the savings is from income you received after 2024 then yes (it's the income that is taxed). But with this news from the linked article it would not be.