Jump to content

Finance Ministry challenges tax cut proposal for holders of new long-stay visa


Thaiger
 Share

Recommended Posts

A proposal to introduce a long-stay visa for 4 target groups of foreigners has already hit a hitch, with the Finance Ministry pushing back against a suggested tax rate of 17% on local earnings. The ministry argues that the reduced rate will affect government revenue. Under the proposal, wealthy foreign nationals could apply for a special visa that would permit stays of up to 10 years. Eligible foreigners would also be able to own property and land in the Kingdom, while paying 17% personal income tax on revenue earned in Thailand. The proposal was submitted to the Centre for Economic […]

The post Finance Ministry challenges tax cut proposal for holders of new long-stay visa appeared first on Thaiger News.

Read the full story

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

  • Join Thaiger Talk Today!

    Sign up in 30 seconds and join the discussion on everything Thailand!

  • Latest Posts

    1. 33

      News Forum - Baltimore bridge collapse prompts urgent search (video)

    2. 3

      News Forum - Police chief takes down lawyer for bribery charge

    3. 3

      News Forum - Youth gang violence in Pattaya escalates over jeans

    4. 1

      News Forum - Robot arm crushes worker to death in Chon Buri (video)

    5. 3

      News Forum - Air India sacks pilot for boozy flight from Phuket

  • New Topics

  • Tell a friend

    Love Thaiger Talk? Tell a friend!
×
×
  • Create New...

Important Information

By posting on Thaiger Talk you agree to the Terms of Use