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Tim ******
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Tim ******
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Tim ******
@David **********
Exit Tax. According to the government, there is no such thing as a paper profit.
Tim ******
@David **********
If you leave Australia full time. They tax you gain on what your portfolio is worth the day you leave. There is no paper profit. Itโ€™s real profit.
Tim ******
@David **********
Which is paper trading, to us who trade.
Tim ******
@David **********
That's what I'm trying to figure out. If It's paper trading, then no. If it's unrealized gains, then it's all good.
Tim ******
So were you paper trading, or trading with real money ?
Tim ******
@Nick ***********
I think itโ€™s more if you have regular amounts going into your account. If you make a one off transactions, you can say it is Old money.
Tim ******
@Nick ***********
You can actually bring Old money in. As long as you can prove it is Old money, there is no remittance tax on it.
Tim ******
@Pete ******
Nope. Criminal. Immigration are already on the way.
Tim ******
@Pete ******
Yep you are definitely breaking the law. So much for being a clean skin. ๐Ÿ˜† "Declaration Requirements:Tax Residents: Must file a Personal Income Tax Return (PND 90 or PND 91) by March 31 of the following year for all taxable income, including:Thai-sourced income.Foreign-sourced income remitted to Thailand in the year it was earned."