Jump to content


tax on capital gains while in thailand on retirement visa


Recommended Posts

about the thai tax policy for capital gains in case of retirement visa.
say i stay in thailand on retirement visa, and have capital gains
from investments in a bank account outside thailand - will
i have to declare those gains and pay taxes on them in thailand,
while i stay in thailand for few years on retirement visa?
Link to comment
Share on other sites

Scott - what is your tax home/nationality?  

 

If US, read the tax treaty here, Articles 24 & 25 are germane. 

https://www.irs.gov/pub/irs-trty/thailand.pdf

 

Despite the "current year income" clause,  in actual practice, it's not really an issue I give any thought to anymore.    I filed a Thai tax return a few years ago to recover some Thai bank interest, and the government tax staff did give me a bit of an examination about my situation and US based pension and investment income.  But in the end, US/Thai Tax Treaty held.  Non-issue, unless you make it one. 

Edited by 55Jay
  • Like 1
Link to comment
Share on other sites

I am sorry if I shouldnt have put this query under this topic. But am I obligated to and if so how soon should I file my returns for business income earned in fees in Thailand? My CA in India wasnt quite sure about it. Anybody knowledgeable please assist. Thanks!

Link to comment
Share on other sites

3 minutes ago, wombat099 said:

 


Even if registered they are not really interested in expats paying tax. People who I know including me are registered and have tried to pay.

 

Really? I am surprised. Are you joking? :-) Like you I would like to be registered and pay whatever tax is due so that I have a stake in the welfare of the Kingdom. Honestly. Can you please elaborate what you were trying to say? Thanks!

  • Haha 1
Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.