I sit on the terrace after a morning swim with my laptop on my lap, soaking up the peaceful atmosphere of a sunny morning on one of the last days of this outgoing year. What was this “old” year like and what will the “new” year 2026 be like? Turbulent? Surprising? Or even shocking? In […]
The interpretation of Section 41 Paragraph 2 of the Thai Revenue Code underwent a significant shift with the new law issued on September 15, 2023. Previously, Thai tax residents were taxed only on their foreign-sourced income if it was brought into Thailand within the same tax year. This interpretation meant that income from employment, overseas […]
