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Bosm88

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  1. Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part I

    Bosm88 replied to webfact's topic in Jobs, Economy, Banking, Business, Investments
    Hello, I’m new to the forum and joined primarily because of this topic. Just recently applied for the Elite Visa prior to the September 15th deadline and now I am unsure how to proceed when I receive the approval letter. From my prior research, Elite Visa holders were not required to pay foreign income tax as residents (seemingly even for income earned/transferred within the same tax year.) Curious if anyone expects this to change as it relates to Elite Visa holders? If so, would it be possible to avoid income tax by paying for bills/purchases directly with foreign credit cards/bank accounts? Thanks in advance for your insights.

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