Khun Palawi Bunnag presented on the subject of Personal Income Tax on Foreign-sourced income brought into Thailand
Khun Palawi Bunnag, our valued partner, delivered an enlightening tax presentation at the BeLuThai Chamber of Commerce. In response to numerous questions from international attendees, both in-person and online, on the topic of Personal Income Tax on Foreign-sourced income brought into Thailand, the ILCT team had the pleasure of engaging with potential clients and imparting our knowledge on this important tax update.
Specifically, she spoke about what constitutes as Thai Tax Resident, how Assessable Income is defined by the Thai Revenue Code, Exempted Assessable Income, Tax Exemption through Long Term Residency, and the Avoidance of the Double Taxation Agreement.