Individual - Significant developments

Last reviewed - 13 February 2024

On 15 September 2023 and 20 November 2023, The Revenue Department issued No. Paw. 161/2566 and Paw. 162/2566 regarding personal income tax (PIT) for a Thai resident who brings assessable income into Thailand from abroad. This order shall come into force for assessable income brought into Thailand from 1 January 2024 onwards.

According to this order:

  • A Thai resident means a person residing in Thailand at one or more times for a period equal to 180 days in any tax (calendar) year.
  • If a Thai resident earns foreign-sourced income in 2024 and brings it into Thailand in any subsequent year in which they are resident in Thailand, they will be subject to PIT on the income.