Dor1212

IBKR seem to charge the withholding\dividend taxes. I'm not trying to "go around", I've genuinely planned to withdraw to a wise account and send abroad to family, however I also planned to pay taxes, and if that might be problematic in some way- I might just withdraw to my Thai account and pay those taxes in Thailand, I want to be free of worries. Will consult on that.

So, if that's true, Thai residents can always withdraw to a wise account and then send profits free of tax to their families bank accounts abroad? Isn't that too weird? I'm basically hearing that without even trying, I've made myself a way to not pay taxes for my investment profits, it sounds too good to be true 😷 Will have to go over this with an attorney... I really appreciate everyone's answers!

It's Israel, I meant that I trade US IBKR, since I know there are different entities or sub comapnies like IBKR UK or HK

Yes I understand, that's why I'm trying to figure who do I report in this situation. I am ONLY a Thailand resident now, non-U.S, non my home country anymore. But I am NOT planning to bring the funds into Thailand, but into a wise account, then probably to my family in my home country (but I'm not a resident anymore so I'm not suppose to report to them either). So i'm not sure who do I report in my situation, before I consult with an attorney I'm trying to learn from others experience.

Hi, Wanted to ask if you guys know, If I moved to Thailand from my home country, now I am only Thailand resident. And I trade on IBKR (usa), But I will only be withdrawing profits to wise account and not into Thailand bank. So, if I don't need to report to Thailand tax authorities, and I dont have any other residency, who should I report to? Surely I will have to pay taxes on my investment profits somehow?