Is foreign income taxed from January 1st, 2024?
Effective January 1st, 2024, any foreign-earned income [example; salary, interest earned on savings, capital gain on assets etc] brought into Thailand that was earned and realized during any tax year, shall be subject to Thai personal income tax [ PIT ] assessment in the year it was brought/sent to Thailand. The main difference between this law previously and moving forward [from 1st January, 2024], is that personal income tax on any/all foreign-earned income shall now be applicable regardless of which [fiscal] year that income was earned and realized.