Retired living on social security income in Chiang mai

Orders Nos. Por. 161 and Por. 162 of the Revenue Department, issued under Section 41, Paragraph 2 of the Revenue Code, stipulate that individuals required to pay tax based on overseas income are defined as follows: An individual who earns income from overseas starting from January 1, 2024, and resides in Thailand for at least 180 days within the tax year; and An individual who earns income and transfers such income into Thailand within the same fiscal tax year or subsequently. Result: If this is the case, the income transferred into Thailand will be subject to personal income tax in Thailand in the year the transfer occurs.