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Answered2 years ago

Do I need to pay taxes in Thailand if I only use my foreign bank cards and withdraw cash without transferring funds?

Anonymous *************
asked Dec 18, 2024
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hello there, As a Thai tax resident and DTV holder, do I need to pay any taxes if I’m not transferring money to a Thai bank account, and I’m only using my credit/debit cards from my home country? I’m also withdrawing small amounts of cash from ATMs using my home country's bank cards.
Answer summary
As a Thai tax resident with a DTV (Digital Nomad Visa), if you withdraw small amounts of cash from ATMs using foreign bank cards and do not transfer funds to a Thai bank account, you may not need to pay taxes unless your total assessable income exceeds 60,000 baht. If you maintain a Thai tax residency by staying for 180 days or more in a calendar year, and your assessable income meets certain thresholds, you might be required to obtain a Thai tax ID and file a tax return.
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Irina ****
Irina ****
No, nobody knows you have income because you don't transfer money to thai bank account. Only income on thai bank account is taxable
Steve ********
Steve ********
What is your home country and are you still a tax resident there?
Steffi ***********
Steffi ***********
Yes. Your question already got answered in other groups 👍🏼
John **********
John **********
It doesn't matter how you bring income into Thailand, using an ATM to withdraw from a non thai bank is no different to transferring to a Thai bank and withdrawing it. If you spend 180 days or more in a calendar year inside Thailand you are a Thai tax resident in that year. If during that year you bring 60k baht or more of assessable income into Thailand then you need to get a TIN (Thai tax ID), 120k baht or more you need to file a Thai tax return

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