TFAC revised the language used in financial report.
The revised 2566 financial reporting standard was published in the Royal Gazette in August of that year. Effective for accounting periods starting on or after January 1, 2567, this is an upgraded version of the international financial reporting standard for 2566 (Bound volume 2023 Consolidated without early application). The goal of the change is to […]
Great news for Thai tax residents who earned income before January 1, 2024!
The Revenue Department, through Departmental Instruction No. Paw 162/2566, has introduced a significant amendment to Clause 1, Paragraph 2 of Paw 162/2566, clearly stating that “Paragraph 1 shall not apply to assessable income earned before January 1, 2024
Legal Guidelines | Procedures for Dividend Payment
Are you a foreign tax resident in Thailand? Here are the pending changes in tax legislation regarding foreign sourced income that you need to be aware of.
New Hotel Regulation: More Opportunity and More Protection
Are you a foreign tax resident in Thailand? Here are the pending changes in tax legislation regarding foreign sourced income that you need to be aware of.
Thai Tax and Visa Policies: Implications for Foreign Residents
Paw 161/2566 and Royal Decree 743 (RD 743) have sparked conversations among foreigners aspiring for long-term stay in Thailand due to their implications on tax and visa policies
Thailand five months free tourist visa for Chinese and Kazakh to boost Thai economic
Are you a foreign tax resident in Thailand? Here are the pending changes in tax legislation regarding foreign sourced income that you need to be aware of.
Get Prepared for Changes in the Taxation of Inward Remittances into Thailand
Following the release of Departmental Instruction Paw 161/2566, which altered the taxation of offshore income for Thai residents, significant concern among both Thais and foreigners in Thailand has been expressed to the Government in regard to the adverse implications to the Thai economy.
Pending changes in tax legislation regarding foreign sourced income
On 15 September 2023, the Revenue Department amended the taxation of foreign-source income for Thai residents.
Previously, this income was only taxed if brought into Thailand in the year that it was earned.
Taxing Times Thailand – September 2023
Welcome to the September 2023 edition of Taxing Times Thailand where each month we try and bring you useful information to help with your business and tax obligations in
Taxing Times Thailand – August 2023
Welcome to the August 2023 edition of Taxing Times Thailand where each month we try and bring you useful information to help with your business and tax obligations in
