Thailand to start taxing overseas income next year, including from crypto

Thailand’s Revenue Department is planning to impose personal income tax on the foreign revenues, including those made from crypto trading, of any person who resides in Thailand for more than 180 days. 

According to the Sept 19 report from the Bangkok Post, the new rule will take effect on Jan. 1, 2024, with the first tax forms, including overseas income to be delivered in 2025.

Under the previous regulation, only the foreign income, remitted to Thailand in the year of earning, was taxed….