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.

According to the Sept. 19 report from the Bangkok Post, the new rule will take effect on Jan. 1, 2024, with the first tax forms, including those for overseas income, to be delivered in 2025.

Thailand's cabinet approved a personal income tax cap of 17% for Thais working overseas who return home to work, a deputy finance minister said on Tuesday, in a bid to draw back local talent.

BANGKOK: The government has unveiled groundbreaking tax incentives designed to entice skilled Thai expatriates back to their homeland in a bid to reinvigorate the economy and reverse the brain drain.

Thailand’s cabinet on Tuesday approved a tax exemption for crypto earnings to encourage fundraising via investment tokens, multiple local news outlets reported. Under the exemption, holders of ...