Taxation of Tax Residents - look at the video 3:15.

Interesting 3 points made.

Some very good info in here I had not heard before. One thing that was new to me is banks report to revenue all accounts with over 2 million THB in or 400+ transactions a year.

Bottom line for DTV holders - unless you are remitting large amounts of money you earned in the same tax year you are tax resident then do not worry so much about tax.

EDIT: Around 30 mins they clear up ATM and CC use - yes it counts as remmitance

Taxes in Thailand:

So as far as I know, once someone is staying in Thailand 180 days or more a year, he is considered a tax resident.

I know that only income remitted into Thailand and earned after January 1st 2024 is taxed.

Can anyone shed light on what it actually means? I don't intend to open a bank account in Thailand, I only work with cash, meaning that (as far as I know) I don't need to pay taxes in Thailand (I pay in my home country of course).

Do I need to file any forms? Declare anything? If so which one and how is it done?

I can't find too much concrete information addressing the practical steps needed to be taken. Anyone got any more details on the matter?

Some expert advice regarding Thailand's new tax laws:

Hi, i spend about half of the year in Thailand.

I do not work in Thailand but have business in Germany and also pay income tax in Germany.

I wondering whether income tax exemption is possible in Thailand if i pay taxes in Germany and spend longer than 180 days in Thailand?