Hi
Ref : *“Subject to Thai tax should you stay longer than 180 days”*
Need some help/advice please
Currently living in the UK and looking at a DTV visa. I understand criteria and that this is technically a 5yr visa where you need to leave every 180 days and your income must not be derived from Thailand, I would also been deemed a Thai resident for tax purposes. I’m fine with all these points
What I don’t understand is, when I stay over 180 days I become subject to ‘Thai Tax’.
I fully understand UK tax (income tax) but can anyone please clarify what specific Thai tax’s I would become subject to??
My intention is to run a UK bank account & Uk Credit Card, i.e. Revoult & Starling & Amex for withdrawals, rental/condo/restaurant/bill payments etc. I will NOT remit/transfer any money to a Thai Bank. I guess I will have some bills in my name. I assume this arrangement is how most digital nomads operate
Would using apps such as TAGTHAi be deemed as remitting money to Thailand?
(Ironically i've heard the thai banks are closing all accounts down for non-residents without a long term visa, hence i couldn’t even get a thai bank account even if i tried).
i read i would need to file a tax return TIN every 6 months (which I understand I pay for) but would my actual tax liability be; ฿0 thb based on the info I’ve provided?
Thanks in advance for the advice
TLDR : Answer Summary
The discussion revolves around the tax implications of living in Thailand with a DTV visa, particularly concerning foreign income. Once a resident for more than 180 days, one becomes subject to Thai personal income tax on assessable income, defined as income derived or brought into Thailand. Users emphasize the importance of understanding the definitions of remittance and assessable income, suggesting consulting with a tax advisor due to the complexities of Thai tax law and the potential for double taxation treaties. There are shared insights on electronic remittances, potential liabilities, and the necessity of filing a tax return in Thailand, even if certain income might not attract tax.
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