I wanted to bring to your attention a significant development that could potentially impact you and other expatriates in Thailand.
Over the weekend, the Thai government announced new tax regulations that could affect expatriates residing or working here. At this stage, the details of the proposed changes are still sparse, as the announcement was only made a few days ago. You can read more information from Bloomberg here.
What We’re Doing
Please be assured that my team and I are closely monitoring the situation. We’re in contact with leading tax advisors, but at the moment, they too are still awaiting further details from authorities. While it is too early to make any definitive statements, we’re gathering as much information as possible to understand how these new regulations could affect your financial planning and tax obligations.
Why This Matters
Tax regulation changes can have a substantial impact on your long-term financial planning strategy, especially for expatriates who may already be navigating a complex international tax landscape. It’s crucial to stay ahead of these changes to adapt and revise your financial plans accordingly.
Next Steps
As soon as we have more concrete information, we will be organising an informational webinar and sending out comprehensive guidelines to help you understand the new tax landscape and what it means for you.
In the meantime, if you have any immediate concerns or questions, please don’t hesitate to get in touch.
You can reach me directly via WhatsApp, by calling +66 869 955 071, or by booking a call at your convenience on Calendly.
Thank you for your attention to this urgent matter. Rest assured, we are doing everything we can to keep you informed and prepared for any changes that may come.
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LATEST UPDATE 21/09/2023
To provide you with a comprehensive understanding of these changes, my team and I have prepared an Information Sheet detailing key points, impacts, and recommendations. This document will equip you with the necessary insights to understand the landscape of these new regulations and help you prepare accordingly.