Anonymous participant 624 Looks like it. Once it is published in the Royal Gazette. It raised nowhere near what they thought it would. Thailand would rather have the money in the country even of not taxed. If it is in the system it can be used.
Anonymous participant 624 "A source from the Finance Ministry who requested anonymity said the taxation of foreign income follows the residency-based principle, whereby Thailand taxes the income of individuals who reside in the country.
This rule applies to persons who stay in Thailand for 180 days or more and have foreign income.
Anonymous participant 624 The rules effect everyone who is a Tax Resident in Thailand.. I have just returned from a meeting where this was discussed. The initial changes announced November 2023 were aimed at Thais but foreigners got caught up in it. This is the removal of those changes.
Anonymous participant 985 I just saw that. Yeah show 20k for a TR. Report said they used to do it but stopped during Covid. I remember back on 2017 and 2018 I had to show money when getting TR in Cambodia for Thailand