Is online trading considered a remote work activity for tax purposes in Thailand?

Online Trading Capital Gains Tax Tax Residency Remote Work Thailand Visa DTV Information Freelancer Status Income Requirements

Sep 8, 2024

3 months ago

Anonymous *************

ORIGINAL POSTER

Hi Guys, Is trading online considered a remote activity? the taxes paid are only on capital gains, not on income. 

I was thinking of getting a letter from the bank explaining that I work remotely on my own, and attaching all the transactions of the past year, with taxes paid.

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TLDR : Answer Summary

The question addresses whether online trading qualifies as remote work for tax implications in Thailand. It's noted that taxes are applied only to capital gains, not regular income. Some users suggest that obtaining documentation from the bank to confirm remote work and declaring previous transactions may aid in this process. Insights from comments indicate that online traders have successfully navigated tax requirements and point out that there is no minimum income requirement, just a capital threshold.

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Andi ***********

Online traders have been successful getting the DTV, search the threads for their posts .

3 months ago

Greg ********

There is no income requirement. Just the 500k THB Capital.

3 months ago

Chris *********

fwiw the question they asked me specifically was whether I was a freelancer or not

3 months ago

Anonymous *************

ORIGINAL POSTER

what did you answer? it could be specified in the bank's presentation letter.

3 months ago

Chris *********

Anonymous participant I said yes and my resume shows I am a freelancer

3 months ago

Wannikea *********

Anonymous participant consider that a freelancer is somebody who works for themselves but has clients, do you feel you qualify? On the other hand you may be able to state that you invest/work remotely and tour around to get ideas and inspect for investment, do you have a company set up?

3 months ago

Reply to

Wannikea *********

Do expats in Thailand have to file a tax return after 180 days of residence?

184 comments

3 months ago

Are remote workers with a DTV visa subject to taxation on income earned while in Thailand?

17 comments

3 months ago

Do I need to notify HMRC if my business is now online and will showing bank statements in GBP suffice for my Thai visa application?

7 comments

3 months ago