cash economy in thailand

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This page displays all the results for the cash economy in Thailand tag, sorted by the most recent activity. There are a total of 1 questions that have been tagged with cash economy in Thailand. Explore the questions to find discussions and information relevant to this topic.
Oct 27, 2024
a month ago
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?
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