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Nick ***********
This is a summary of
Nick ***********
's contributions to the platform. They have posed 13 questions and added 1530 comments.

QUESTIONS

COMMENTS

Nick ************
@Pete ******
yes I agree with that but whether you are liable to pay tax in Thailand if there over 180 days depends on so many criteria that there is bound to be confusion surrounding that issue.
Nick ************
@Toon ********
exactly what I am doing but I believe that any income generated in a year you are not tax resident in Thailand is never taxable in Thailand whether or not you are tax resident there in the future. I know that any savings held prior to 2024 are not taxable when remitted to Thailand. Need to get statements together to prove what was held then.
Nick ************
@Pete ******
you see there is even confusion about what the op is asking. I believe it more likely that the question referred to tax liability.
Nick ************
@Ryan ******
I don't believe that is correct. What I do believe is that those claiming that there is no confusion surrounding this issue are wrong.
Nick ************
@Peter *********
everybody says it will get dark tonight. The point is being tax resident in Thailand does not remove the confusion around whether you pay tax there or not so I stand by my comment because I am not wrong.
Nick ************
Yes and it's why I have sentenced myself to 6 months in the 🇬🇧 this tax year so that the proceeds from a house sale will not be taxable when remitted to Thailand. So far I've managed 6 weeks of my sentence and seriously wondering whether or not I would rather pay the tax!
Nick ************
@Greg *****
and we all know Thailand dies not work like that 555.
Nick ************
Yes. Say I'm thinking of buying a condo for 3 million baht and a new car for 1.75 million baht. If I have to pay tax on that money when I bring it in to Thailand its nit going to happen. That's 4.75 million baht that will never come to Thailand. I will continue to rent and make do with my 5 year old car.
Nick ************
@Toon ********
so in order to live comfortably in Thailand I think we could say its 15% +.
Nick ************
@Ron *****
because you may have paid tax on the money somewhere else already. Obviously income generated in Thailand is taxed in Thailand.