Old rules: if you don’t bring money into Thailand now we won’t tax it later.
New rules : if you don’t bring money into Thailand now, we will tax it later.
Anyone who is not confused hasn’t been paying attention.
So what is the problem with just resetting the cost basis of foreign assets? Sell asset outside thailand and buy it back and then sell again and then bring to thailand. 0 capital gains no? 😛
This is evil totalitarian wef stuff obv and anyone who says otherwise is a glowie or utter low T boot licker. Relocating to philippines but this <deleted> will reach there too in couple years too. World war 3 will be over taxes.
GG I'm out of Thailand because of the new rule. What if I bring money to my thai bank account this year but I'm not tax resident. Next year I can come back to thailand and spend them tax free again?