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- LIVING IN THAILAND
- Expat and Thai Income Tax
- ASSESSABLE INCOME
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The information included on this webpage is intended for information purposes only and should not be considered as tax advice from the Pattaya City Expats Club.
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| Income subject to Personal Income Tax (PIT) is called “assessable income”. Many Expats residing in Thailand are retirees and transfer all or part of the monthly pension into to Thailand to cover living expenses. Assessable income is defined in Section 40 of the Thailand Revenue Code. Click here for an English Translation - source: Law library from Siam Legal. |
Assessable income falls into 8 categories. The source of money remitted into Thailand from overseas by most Expats will most likely fall under the following categories:
Most money remitted by Expats into Thailand will most likely be in an assessable income category. Even so, the Dual Tax Agreements (DTAs) See the Dual Tax Agreement Section of these webpages (see link at the top of this page for more information including a link to the Thai Revenue Department's webpage listing the 61 countries with such Agreements. That webpage, in English, has links a copy of the DTA with that country). |
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