Thailand approves 17% personal income tax ceiling for returnees
Thailand approves 17% personal income tax ceiling for returnees
Thailand's cabinet approved a personal income tax cap of 17% for Thais working overseas who return home to work, a deputy finance minister said on Tuesday, in a bid to draw back local talent.
The ceiling will last for five years after it is launched, Paopoom Rojanasakul said, and will also include a tax deduction for their employers.
This article was produced by Reuters news agency. It has not been edited by Global South World.
