The Thai Revenue Department recently issued Revenue Department Order No. P.162/2023, which clarifies the effect of the change in approach to the taxation of income derived from abroad for personal income tax purposes as changed by Revenue Department Order No. P.161/2023. As previously reported, Order No. P.161/2023 provided that any assessable income derived from abroad will be subject to tax in any tax year the income is remitted into Thailand. In other words, income derived from abroad i…