What are the tax implications for investment funds in Thailand for expats?

@Will ***********

Sorry you've lost me. I feel like it's going off topic a bit about Thai taxation.

But in response to your comment, wouldn't you have the proof of sale that you sold the thai condo? Therefore it's your money you can do wire it wherever you like?

@Dennis ********

this is completely incorrect

@Todd ********

completely incorrect. The utube attorney discussed that it all depends on your countries DTA agreement and you possibly have to file. I only read the US DTA and these have been in place for decades. Pensions are specifically called out as not taxable, however there are like more than a dozen types of money/income discussed for USA. Thailand is not looking to throw these all away. Unless you've read the one that applies to you, you are very misinformed. These are legal agreements and how many articles/discussions have you seen that thailand abandoned them? Again is quite possible one will have to submit a return and check box saying you are exempt. .these are 2 way agreements as thailand also has their own citizens abroad in many many countries either working laborers or wealthy thais. Thailand can not just disregard these agreements as they are legally binding. It also clearly states if you are taxed in one country you can not be taxed.in the other, and the irs has to allow a write off if taxed in the thailand. Please go and actually read your DTA and then register to that utube and notice exactly what the attorney is saying. Again he said "You may have to file, but any taxes are going to go by your DTA "

@Dave ********

did you read your countries dual tax agreement with thailand?? Guessing not. There was a utube lots of people talking about with a thai tax attorney. Seems many didn't pickup that he says many times, well you have to go to your countries dual tax agreement. Thailand had DTAs with almost 90 countries currently. Thailand is pulling all the stops out to get people there. The idea they're going to break 90 DTAs and also create a mass exodus at the same time doesn't even make sense

@Lawrence ******

Correct. Unfortunately there's a lot of the so-called "experts" ignoring the international treaties. Most DTAs include this condition relating to pensions.

@Mark *******

No-one's going anywhere. All this fear-mongering is being fuelled by tax accountants touting for business. The government has just released the DTV designed solely to get people into the country spending money. The last thing they're going to do is scare off long-term residents already spending money! The whole thing is so funny! 😂

@Mark *******

sort of think you are right but best to be prepared.

@Mark *******

we'll miss you

@Nick ***********

I have a closed super account from which I draw money to bring to Thailand. That is totally tax exempt.

@Neil *****

My tune has not changed. The Revenue Department is not looking for me, because they'll get nothing out of me. My income has already been taxed so I have no income which is within the range of Thai Revenue. I can fill in a tax return with a series of 0's if they so wish. That's easy. Somehow I doubt that's ever going to happen!

@Andy ***********

a lot of countries tax worldwide earned income and Thailand is / will be moving in the same direction.

@Andy ***********

Read in official sites what the Thai Revenue leaders have said and stop spreading misinformation. I won't give you the links or you'd just accuse me of wanting clicks. Seek it out for yourself

@Ken **********

" .... so income is not income ... " has to be the dumbest argument I've heard for a while

@Ken **********

@Tim ********

try investigating exchange booths that don't ask for ID, no chance.

@Tim ********

they haven’t been able to manage Thai people and their income. There’s no infrastructure in place to accomplish any of this. This is a big nothing burger that will never happen.

@Tim ********

right