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

Question

Hi guys,

What happens if, after applying for a DTV and providing business information (process, income, location, etc.), we renew our 180-day visa without leaving Thailand? Will we be taxed on foreign income?

Specifically, will we need to pay taxes in both our home country and Thailand?

Based on my research, it seems we would be double-taxed. I'd appreciate your feedback.

Thanks!

Ask Thailand · Answer

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.

Bob ********** · Answer

Wait until someone actually pays tax then look into

It

Greg ******** · Answer

As it stands today if you are tax resident in Thailand it is only income remitted into Thailand that is assessable. I have been tax resident in Thailand for a number of years. If I earned a million USD outside Thailand and never brought it into the country I would not owe any tax on it in Thailand and it is not assessable. To be honest DTV holders are overthinking the tax situation unless yiu are earning hundreds of 1000's and remitting it. If you are consult an international tax advisor not FB.

John ********** · Answer

It looks like you are Italian and Italy has a dual tax agreement with Thailand but in reality it will depend where your income comes from. Do you have a company that you provide services through and if so where is it registered?

Note a dual tax agreement generally means you won't be taxed twice but will end up paying the higher of the two

Note a dual tax agreement generally means you won't be taxed twice but will end up paying the higher of the two

Pete ******* · Answer

Whether you extend at Immigration or bounce out and back makes no difference. If you spend 180 days inside Thailand in any tax year you automatically become Thai tax resident. Now whether you will have a tax liability is a different matter and depends on your personal financial situation, your nationality, if a DTA is in place, the source of any remitted funds and the visa you are on. Tax paid in one jurisdiction may be credited against tax liability in the other jurisdiction depending on the wording inside a DTA.

Elías ******** · Answer

If you have to pay taxes here, and in your country, and your country has no doble tax agreement with Thailand, then yes, in theory you would need to pay separately in both countries.

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

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