The rules are quite clear, well published, and easily confirmed by talking to a real lawyer or tax advisor.
Everyones situation is different, but in allot cases money remitted into Thailand are tax assessable.
- If you bring in money that’s tax assessable according to Thai Law: you’re supposed to file taxes. Then potentially deduct tax paid in source country as tax credits . (Depending on DTAs)
- If you only bring in non-assessable funds: no need to file taxes.
What type of funds are assessable or not is well documented and can depend on country specific tax treaties/DTAs.
It’s really not that hard. But I certainly recommend a good tax advisor if you’re unable to understand the rules.
The rules are quite clear, well published, and easily confirmed by talking to a real lawyer or tax advisor.
Everyones situation is different, but in allot cases money remitted into Thailand are tax assessable.
- If you bring in money that’s tax assessable according to Thai Law: you’re supposed to file taxes. Then potentially deduct tax paid in source country as tax credits . (Depending on DTAs)
- If you only bring in non-assessable funds: no need to file taxes.
What type of funds are assessable or not is well documented and can depend on country specific tax treaties/DTAs.
It’s really not that hard. But I certainly recommend a good tax advisor if you’re unable to understand the rules.
The rules are quite clear, well published, and easily confirmed by talking to a real lawyer or tax advisor. (Link to rda below)
Everyones situation is different, but in allot cases money remitted into Thailand are tax assessable.
- If you bring in money that’s tax assessable according to Thai Law: you’re supposed to file taxes. Then potentially deduct tax paid in source country as tax credits . (Depending on DTAs)
- If you only bring in non-assessable funds: no need to file taxes.
What type of funds are assessable or not is well documented and can depend on country specific tax treaties/DTAs.
It’s really not that hard. But I certainly recommend a good tax advisor if you’re unable to understand the rules.
But its very easy to understand: IF you spend more than 180 days in a given calendar year and IF you bring in funds that are tax assessable: You are supposed to file taxes.
He still absolutely 100% correct 🤷🏻♂️. According to published information from Revenue department, my Thai tax advisor and lawyer.
But as everything it depends in your actual situation. If you have brought in no tax assessable fund into Thailand, no need to file taxes.
Things like pension are typically assessable but tax already paid can be deducted as tax credits (depending in dual tax treaties). Capital gains are assessable, but then there are tax exemptions like crypto if sold via Thai approved exchanges.
Everyones situation is different. So yes, a tax advisor is best. But in surprisingly many cases you are supposed to file. Even if net tax is zero after tax credits are deducted.
The enforcement on this a different matter though. But i for one prefer to be tax resident here….
show some sources of the claim that thai government approved scrapping TM30 for tourists…..
If not, please stop spreading disinformation
25 years and never heard of TM30? That’s difficult to believe. Ive been coming for 3 years, i had heard of TM30 even before ever stepping foot in Thailand….