double taxation agreement dta

Showing 4 questions

This page displays all the results for the Double Taxation Agreement (DTA) tag, sorted by the most recent activity. There are a total of 4 questions that have been tagged with Double Taxation Agreement (DTA). Explore the questions to find discussions and information relevant to this topic.
Dec 13, 2024
9 days ago
Randy *******
ORIGINAL POSTER
If you get a DTV visa, how do taxes end up working between the US and Thailand? Do you get to deduct your Thai taxes from the US? Or your US taxes from your Thai taxes? I am trying to compare this scenario with the idea of working under iglo and paying them 30% but it including the thai taxes.
Oct 4, 2024
3 months ago
Cameron ***********
ORIGINAL POSTER
Hi all,

Looking for guidance and help.

I own a uk business and pay uk taxes, I live in the UK.

I am planning on getting the dtv visa, for my situation as a business owner, and moving to thailand permanently.

I am currently in thailand now and looking for suggestions on how best to obtain the visa without returning to the UK to apply, has anybody had success in a neighbouring country to thailand and how long did it take to be approved from application?

Also, since I would be spending more than 180 days in thailand in a calender year, would I owe taxes in thailand?

To add to this, I was working paye in the uk until July 2024 so no personal tax returns to display, business has corp tax and vat returns, and I have a paye slip until July this year, what would the embassy need on this point?

I did ask uk hmrc this before I left and also the embassy and they said as long as you are paying taxes in the uk still then nothing more to be done.
Feb 14, 2024
10 months ago
John ********
ORIGINAL POSTER
New tax rules for expats living in Thailand.

I'd like some correct advice regarding the new tax rules implemented from Jan 1st 2024.

I believe if you spend more than 180 days in any one year in Thailand, any money you have transferred or deposit into your Thai bank account is classed as taxable income.? Also, if you have a Thai bank account and transfer, or deposit monies into it, in any one year, but do NOT spend more than 179 days in Thailand, that money is not taxable. Also if you deposit monies into your account in a year that you don't spend more than 180 days in Thailand, but the next year you stay the full year, does the money that you deposited the previous year, then become taxable? I have read that if you have income of 150,000 baht a year, this is not taxable, but if you have say 400,000baht a year income, do you pay tax on all of it, or is 150,000 baht tax threshold and anything above that you pay tax on, for example 400,000 - 150,000 = 250,000, is that the amount you would be liable to pay tax on.

Any advice greatly appreciated.
Previous page
Page 1 of 1
Next page