Post
Topic
Board Economics
Re: Thailand to start taxing overseas income next year, including from crypto
by
DVlog
on 19/09/2023, 13:42:26 UTC
Thailand is known for its tourism, and it is true that some foreigners live in their exploding tax loopholes. But this policy can create a negative impact on foreign investment and tourism. Many foreigners were happy about their low tax rates, which made them an attractive place for many expats. Most of these expats were already paying tax in their home country; now if they need to pay a high tax in Thailand as well, this will force them to leave the country.