Darren8888

I guess you are mathematically challenge ????, look at the Op's original post. Yes, you would be paying roughly USD 17K in Thailand tax for a small income USD 80k/year. The key takeaway is Thailand's tax is much more expensive compared to US (with a few exceptions for NYC or Cali residents).

Nice work. So this meant having a small income of just $80k a year, you only be paying about $3.5k tax in the US. In Thailand, you pay $17k tax. That is 5 times larger. Thailand tax is too expensive

Thailand dividend tax rate is not a flat rate of 10% ???? that is only withholding rate at the time of distribution. Your effective dividend tax rate will be whatever your highest tax rate will be. in most cases, you would ending up paying 35% in dividend tax since Thailand income tax is very high compared to western countries (their 35% tax income rate starts at super small threshold of USD 120k which is a joke, it should be at least USD 500k for that kind of tax rate).

Not at all. What are you talking about? It is quite the opposite. Thailand personal income tax structure are much higher than western countries!! For example, US highest personal income federal tax rate is 37% for income above USD 570k for a single filer. Thailand highest personal income tax rate is 35% for income above USD 122k!! That is a super low threshold for a meager annual income of only USD 122k a year.