medina21

This article sows more confusion. Are we now going to be taxed on overseas income, irrespective of whether that income is remitted to Thailand? And, when are we going to receive clarification on whether funds remitted to Thailand to purchase a condo will be regarded as income, and therefore subject to income tax, or as already taxed savings/capital. An agent in Pattaya told me he has just lost a sale because of doubts surrounding this. Surely the developers want an answer too. Clarification is required.