Thai income tax
After a period of uncertainty, a royal endorsement confirming the new Taxation scheme has been given on the 23rd of the month and is applicable for the year of 2013. It’s already bringing smiles to tax payers in Thailand.
We reported earlier this month on the Thai government’s decision to make a number of changes to personal income tax. Since going to press, the Thai government has gone through a time of political unrest, which will likely delay the income tax rate from taking effect in the 2013 tax year.