February 11, 200719 yr Dear Forum I would like to exchange cash GBP for cash TB in-country. Am I liable for any withholding tax if transitioned through a high street bank, if so percentage please. Also, should I deposit the monies in TB in a high street bank with TT3 receipt, will they withhold tax? If their are restraints involved would it be a option for my wife (Thai national) to make all transactions, and what restrictions would be placed on her with regards to Tax. Kind regards
February 12, 200719 yr No witholding tax. No TT3 (FETF) will be issued either, unless you're changing more than US 20,000 equialent. Naka.
February 12, 200719 yr Author No witholding tax. No TT3 (FETF) will be issued either, unless you're changing more than US 20,000 equialent. Naka. Hi Naka Yes, it will be more than USD 20,000 but in GBP and monies will not be deposited only exchanged for TB. Will that mean I am liable for witholding tax ? Kind regards
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