Does anyone know the tax rules on the new dtv visa? I have been told by my agent everything I send from my uk bank to a Thai bank will be taxed.
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TLDR : Answer Summary
The tax implications of the new DTV visa indicate that funds sent from a UK bank to a Thai bank are subject to taxation for anyone, confirming the agent's advice. Additionally, individuals who stay in Thailand for more than 186 days in a year become tax residents, which affects their tax obligations.
I talked to major foreigner accounting firm here and they said this isn’t finalized yet.
Graham *******
Andrew RN which one? Might be true that the implementation is not finalise, is it ever anywhere. Here is the last statement I am aware of that originated from the RD. BTW no laws have been changed, only thing new is the removal of the 1 year delay in reporting and the RD has been instructed to enforce the existing laws fully. There is a proposal to tax global income and that I believe is the only area not finalised.