It depends on how much tax you've paid on the money which is remitted. You can try to complicate it as much as you like, but it's a lot simpler than that. If I remit only pension funds I pay nothing.
I've taken advice from TR and ATO. I'm not paying some shyster who will give advice to suit his pocket. No taxman will come knocking. This is Thailand. They'll have a lot of doors to knock on. I'm sorry if you're so frightened.
Which is (a) in my case. I don't have a home in Thailand which is permanent. I have a ruling from the ATO which determined my home in Australia is my principal place of residence. This is for CGT purposes, as principal place of residence is CGT-free. I also have a Certificate of Tax Residency from Australia, which I'm advised (by the ATO) to submit to the Thailand Revenue in the event they request it in lieu of a tax return. These are the things you're not aware of, you seem (like many people in these groups) very excited at the notion of paying tax in Thailand. I'm different. As I've been involved in property investment and sharemarket dealings, I've always looked for ways to minimise or avoid tax, which is perfectly legal. The tax laws in Thailand have numerous loopholes for expats. The easiest being the pre-2024 concession, followed by concessions in the DTA, as I've outlined above. I can of course also simply transfer either my pension (not taxable in Thailand), or only transfer income which has already been taxed at the higher level of 30%. It's not that difficult. The change in the laws are to target rich Thai people, not the lower end of the possible return. DTV holders, having no financial criteria to meet for visa purposes can simply bring in cash to avoid taxation. This would be well-known to tax authorities, but they're not interested in spending dollars to pick up dimes. However, those expats who are stupid enough to excitedly pay a "tax agent"
*****
baht or more to get their tax IDs and complete their returns, and then excitedly pay the 5000 baht they owe in tax can go ahead and do it! I think you'll find there will be thousands of expats who won't bother at all, and the tax office won't give a stuff, knowing full well there are too many loopholes to get through!
You've missed the "permanent home", that's item (a) in the DTA. The only country I have a permanent home is Australia, so there's no need to go any further, but if you did and went to (c) the trump card is the "economic ties" but you dismiss a property portfolio, superannuation fund, five bank accounts, credit cards etc etc as "irrelevant" focusing instead on my 12-month lease and temporary extension of stay! 😂😂
Perhaps the admins of this group should post a notice at the top of the page which states "DTV HOLDERS ARE REQUIRED TO FILE 90-DAY REPORTS", because this question is asked every day without fail
If you're happy doing that, it's great for you. Australia has different tax brackets. As you can see from the attachment taxable income up to $
*****
is tax free, between $
*****
- $
*****
is 16%, and over $
*****
is 30%. In this case I would only bring money into Thailand which has been taxed at 30%. Got it now? So I pay zero tax in Thailand. It's not that difficult to understand.
Once again you're wrong. Like a lot of people on Facebook you make up your own wording instead of sticking to the official documents. Probably to suit your own agenda? Read the process of how tax residency is determined. To me it says "permanent home", to you it says "habitual abode" 😆
I have a permanent home in Australia. I own it, I'm registered on the electoral roll, my driver's licence is registered there, five bank accounts, five credit cards, two mortgages on other properties all registered to my permanent home. In Thailand I have a 12-month lease, a temporary extension of stay and a bank account - nothing else. You think a 12-month lease is "permanent"? 😆
