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Anonymous ************
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Anonymous *************
Anonymous participant 764 For example, a software developer working remotely in Thailand for a foreign client or company, some jurisdictions (most I would say) would treat that as local sourced income since it is physically carried out locally (despite the digital nature of the work and foreign client). The LTR visa apparently has a Royal decree for tax exemption, but it's hard to find official information on how income tax works with DTV income. If the software developer earns $50,000 per year paid into their foreign account and remits $10,000 to Thailand each year, I guess most here agree on the $10,000 is assessable income. So around $375 tax would be due for the year. Would be great to have this confirmed by a Thai tax authority...
Anonymous *************
@Greg *******
By Thai-sourced income, I mean work carried out in Thailand for a foreign client/company. Since the work is physically performed in Thailand, that income could be considered Thai-sourced income. Some digital nomad visas treat it as local sourced income and some as foreign sourced. Thailand seems to treat such income done under the DTV as foreign sourced but I haven't found any official documentation confirming this....I'm wondering if this is a grey area officially? Ideally I would like official confirmation before staying in Thailand on the DTV over 180 days...