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46
Tourism From London to Warsaw: European Influx Powers Thailand’s Tourism Rebound
This is the story https://www.theguardian.com/us-news/2025/apr/05/i-was-a-british-tourist-trying-to-leave-america-then-i-was-detained-shackled-and-sent-to-an-immigration-detention-centre -
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THAILAND LIVE Thailand Live Monday 19 May 2025
Thailand Modifies Tax Rules Affecting Foreigners and Foreign Income File photo for reference only The Thai Revenue Department is preparing legislative changes that will significantly impact the taxation of foreign income remitted to Thailand, affecting both locals and expatriates living in the country. Deputy Director-General Panuwat Luengwilai announced that these modifications will require Thais and foreign residents who earn income abroad to report it on their Thai tax returns once remitted, regardless of the tax year in which it was earned. These taxes will follow a progressive rate structure, ranging from 5% to 35%. Full Story: https://aseannow.com/topic/1361086-thailand-modifies-tax-rules-affecting-foreigners-and-foreign-income/ -
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Joe Biden Diagnosed with Aggressive Cancer
I think most of us do, but we ca can also look at people on an individual basis without politics involved. -
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Economy Thailand Plans 10-Year Tourist Visa and 99-Year Land Lease to Boost Economy
Well thats how leases work, you don't own the land. -
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Report Thailand Modifies Tax Rules Affecting Foreigners and Foreign Income
File photo for reference only The Thai Revenue Department is preparing legislative changes that will significantly impact the taxation of foreign income remitted to Thailand, affecting both locals and expatriates living in the country. Deputy Director-General Panuwat Luengwilai announced that these modifications will require Thais and foreign residents who earn income abroad to report it on their Thai tax returns once remitted, regardless of the tax year in which it was earned. These taxes will follow a progressive rate structure, ranging from 5% to 35%. Previously refined in early 2024 under the last administration, current rules state that foreign income brought into Thailand in the year it is earned or the immediate following year will not be taxed. For instance, if income is earned in 2025 and remitted in 2025 or 2026, it is exempt from taxation. However, any earnings sent back home beyond this remit time frame will be subject to standard tax procedures. These changes align with the policy direction of Finance Minister Pichai Chunhavajira, who is advocating for Thais and foreigners in the country to repatriate funds to inject capital into the domestic economy. The existing tax rules have historically discouraged this flow, as they impose high taxes on income brought back to Thailand after the year it was earned, thus limiting investment potential back home. A move to relax these criteria aims to boost economic growth by facilitating the repatriation of foreign income. This aligns with Thailand's residency-based taxation principle, which taxes income of individuals who reside in the country for 180 days or more per year, adhering to international standards set by the OECD. With these new rules, the Thai government hopes to create an attractive environment for both Thais and foreigners to reinvest foreign-earned income into the local economy, potentially ushering in increased investment and stimulating broader economic growth. Adapted by ASEAN Now from Bangkok Post 2025-05-19 -
46
Tourism From London to Warsaw: European Influx Powers Thailand’s Tourism Rebound
TAT do realize that the first 4 months of the year are crap in Europe, unless you are a Polar Bear Hence the tourist surge I'm sorry I am showing my ignorance; TAT are the smartest folk around
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