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.

The tax will start at 300 and quickly become 1,000 and more. Give governments an inch and they take a mile. It's not the tax per se , it's the negative image it sends to potential customers. If countries charge a tax for visiting their countries and contributing to their GDP, why not High Street chains demanding a fee to enter their stores?