Thailand May Ease Tax Rules on Individuals’ Overseas Income

Thailand’s government considers easing tax rules on individuals’ overseas income to encourage the remittance of those funds back into the country, according to Finance Minister Pichai Chunhavajira.

• The finance ministry is reviewing existing taxes on such income after a change in the global economic situation, Pichai tells reporters Thursday
• NOTE: In 2024, Thailand’s government tightened tax rules on the remitted overseas income of Thai and non-resident individuals to raise revenue
• READ: Thailand to Tighten Tax Rules on Overseas Income to Aid Economy

To contact the reporter on this story:
Anuchit Nguyen in Bangkok at anguyen@bloomberg.net

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