That is nominally correct for all assessable income remitted to Thailand IF, and only If , one's total assessable income earned in Thailand plus remitted to Thailand exceeds a specific threshold. As mentioned earlier, note, if one checks Thai tax law ... its clear this refers to assessable income. Not all income is assessable income. For example some remitted income covered by Royal Decree may not be assassable. Some moneys transfered to Thailand (pre-1-Jan-2024 income) covered by Ministerial directives may not be assessable. Royal Decrees I am thinking of are: Royal Decree 18 - calls up Double Tax Agreements s in general Royal Decree 743 - notes exemptions for some LTR visa holders Ministerial Directives i am thinking of are Paw-161/162. Another example, if one earns interest in a Thai bank, and if one allows the Thai bank with deduct 15% withholding tax on that interest, then one's tax obligation for that Thai income has been met, and the remaining income (after tax) is no longer considered assessable income. This too, is in accordance with Thai tax law. < sigh > This can all get a bit complicated.
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