In a significant development aimed at bolstering tax collection in Thailand, the Revenue Department issued Order No. Por.161/2023, dated 15th September 2023. This order, which came into effect on the 1st of January 2024, introduces important amendments to the taxation of foreign income, specifically targeting individuals with assessable income from work duties or activities abroad … Continue reading The Revenue Department Closes Loopholes, Tightening Tax Collection on Foreign Income