Swiss Abroad: fog clears on tax reform in Thailand

The tax reform affecting Swiss emigrants in Thailand since January 1 contains a number of grey areas. The authorities have therefore clarified the situation in recent months, particularly with regard to the taxation of pensions. Does the reform have an impact on second or third pillar payments? Has the double taxation agreement been amended? If you can prove that you are living off your savings, do you have to file a tax return? These are just some of the questions from the Swiss Abroad that we received after our first article on the tax reform that came into force in Thailand at the beginning of this year. Many of the 10,400 or so Swiss expats who will be living in Thailand by the end of 2023 have called for help to clarify the situation. As a reminder, the tax reform drawn up by the Thai government stipulates that since January 1, 2024, resident foreigners, i.e. those staying in Thailand for at least 180 days a year, have had to pay tax on foreign income transferred to the country.