Double Taxation Agreement (DTA)

Yes, Australia and Thailand have a tax treaty, formally known as the Agreement between the Government of Australia and the Government of the Kingdom of Thailand for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income. This agreement is designed to prevent double taxation and fiscal evasion, making it easier for individuals and businesses to operate between the two countries by clarifying the tax obligations for income earned in either country. This treaty covers various forms of income, including dividends, interest, and royalties, and establishes the taxing rights of each country to ensure taxpayers are not taxed twice on the same income.