The Revenue Department recently issued Departmental Instruction no. Paw 162/2566 on 20 Nov 2023 to guide the interpretation of the Departmental Instruction no. Paw 161/2566 published earlier regarding the personal income tax on foreign-sourced income.
The Instruction gives guidance that foreign-sourced income earned before 1 Jan 2024 and remitted into Thailand will not be subject to income tax.
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