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capital gains tax
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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?
I contact ato - they said as a citizen you never lose tax residency. He asked 2 other ppl he works with who also confirmed this. He said only way to lose it would be picking up citizenship in another country.
Hi Guys, Is trading online considered a remote activity? the taxes paid are only on capital gains, not on income.
I was thinking of getting a letter from the bank explaining that I work remotely on my own, and attaching all the transactions of the past year, with taxes paid.