great info, thanks…selfish question, does the USA have this tax agreement? We certainly have to pay USA taxes on money we make here above a threshold number
I’m not sure either…I haven’t read the tax code but that’s the number I’ve heard so could be nonsense…as an employee in Thailand on 6 figures per month I never paid more than 12% or so
right…I guess my concern for all visa holders is that when it’s time for an extension and one has spent more than 180 days in country we’ll have to submit documents evidencing tax payment in order to extend
right and this was not enforced before…u could bring basically limitless amounts of cash without incurring Thai taxes….the new scenario seems to suggest that those monies will now be subject to Thai tax….i get it and don’t necessarily disagree w the Thai government but I’m not thrilled to pay taxes on taxed money
American taxation is singular in that USA citizens pay tax on money derived from anywhere on the globe whether u live in the USA or not…there is a threshold amount for that taxation but it’s not particularly hogh