Bilateral Tax Agreement is only effective
with income Tax, which in Thailand covers Capital Gain Tax.
To avoid income to be taxed on twice from two countries due
to Residence Rule and Source Rule, Thailand has Double Taxation
Agreement with following countries;
Norway,
Denmark, German, France, Singapore, Netherlands, South Korea,
Italy, Belgium, Pakistan, Britain and North Ireland, Indonesia,
Malaysia, Philippines, Poland, Canada, Austria, Finland, India,
Republic of China, Hungary, Japan, Australia, Sweden, Sri
Lanka, Vietnam, Czechoslovakia, Israel, South Africa, Switzerland,
Romania, United State, Laos, Moriches, Luxemburg, Bangladesh,
Nepal, Spain, New Zealand, Uzbekistan
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