What are the tax implications for DTV holders who extend their visa in Thailand without leaving the country?

The tax implications for DTV (Digital Nomad Visa) holders who renew their 180-day visa in Thailand without exiting the country revolve around the concept of tax residency. If an individual spends 180 days within Thailand in a tax year, they automatically become a tax resident. This means that only income remitted into Thailand is subject to taxation. There is a possibility of double taxation if home countries do not have a Double Tax Agreement (DTA) with Thailand, but many expats suggest consulting an international tax advisor for personalized guidance. Different agreements may allow for tax credits or exemptions, depending on the specifics of one's financial situation and the source of income.