thai taxation

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This page displays all the results for the Thai Taxation tag, sorted by the most recent activity. There are a total of 7 questions that have been tagged with Thai Taxation. Explore the questions to find discussions and information relevant to this topic.
Dec 18, 2024
4 days ago
Rosie *****
ORIGINAL POSTER
Could anybody with a DTV visa help advise, as I couldn't find the information online.

This may be specific to the UK, as I am unsure of the laws that other countries have.

The UK seems to have a law that you cannot work outside of the country for more than 180 days per year. My company is fine with me working anywhere in the world, but their concern is taxes, and that they will be required to pay foreign taxes, or that we will break some laws by doing this.

I currently (and will continue to) pay taxes in the UK as I am a resident there, but does anybody know if there are implications for me working abroad, or any steps myself and my company would need to take.

Thank you very much
Dec 11, 2024
11 days ago
Hello!

Last month got my DTV done from Savannakhet from an agent. I have now travelled to my home country & I will be coming to Thailand to stay for long term.

After going through various posts I came to know that there are many sub categories under which DTV is issued, so I asked my agent which category my visa is granted. I was surprised to hear 'Learn Muaythai'. I am 49 years old, not that fit health wise.

Now my doubts are:

1. Will immigration ask me about my DTV subcategory?

2. Can they ask for supporting documents? I do not have any & my agent is not giving me any documents now

3. If I want to extend my visa after 180 days within Thailand, do I have to show that I will keep on learning Muaythai or I can switch the category?

4. As a DTV holder under this category, can I do digital nomad related activities like working for my clients remotely & get paid out of Thailand?

5. I am aware that if I stay in Thailand for more than 180 days there could be tax implications on the money I bring in Thailand. But is it ONLY for the money brought in Thailand or the total income earned whilst in Thailand? I think I can use my credit card to withdraw & use cash, will it avoid taxation issues?

Any information/ insights/ suggestions welcome!

Thank you/ Danken
Oct 20, 2024
2 months ago
The options for DTV being admitting you are technically working in Thailand or just doing a soft power option like Muay Thai.

Based on the apparent new tax laws that were announced last year you would then be liable for tax and have just given them proof of your employment contract for example. But as far as I know these have yet to be enforced.

Is nobody concerned that they will come asking one day and expect to be paid large amounts of tax?

The way I see it the risk of doing a soft power option is they may require new contracts and such to re-enter at some point. But if you do the digital nomad route they may start asking for tax.
Aug 24, 2024
4 months ago
Lee ***********
ORIGINAL POSTER
THAI TAXATION 2024 & TAXATION TREATY

I've been reading for months re double taxation so researched for the UK agreement. I'm adding the link to the Thai - UK treaty itself and another that give a good explanation of what's in and what's not. It's very good news and I hope this helps.

[members only]

[members only].
Jun 24, 2024
6 months ago
Bigd **********
ORIGINAL POSTER
When I retire here next year, will my US pension and Social Security be taxable in Thailand? Will I be paying Thai taxes and US Federal taxes? I guess at least I won't pay colorado state taxes.
Feb 29, 2024
10 months ago
Ken ********
ORIGINAL POSTER
On the whole taxes deal starting in 2024...

theoretically...

What if someone kept the 800,000 in the bank from 2023 (before taxes) and lived just on ATM debit withdrawals mostly.

Wouldn't that really reduce the tax exposure? And also just had the absolute minimum needed for survival coming into the bank.

For me I want to keep putting in 65,000 a month - just so I can eventually get the 800,000 back after a year.

But I wondered if this was another option.
Jan 20, 2024
a year ago
Derek **********
ORIGINAL POSTER
Retirees in Thailand,

Did you become a tax resident in Thailand?

I heard that if you stay in Thailand more than

180 days, then you become a tax resident?

is that true?
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