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Posted

Hi,

 

thanks for everyone who replied on this thread. 
I was able to obtain my Thai id at the address ( thanks  gamblooer) with required documents (thanks Nigelforbes )  mentioned above .

 

I appreciate all your help in this chiang mai forum .

 

now that I added my Thai id, will see in next interest payment if they still withhold tax.

 

question: once that  account passes the 20,000 baht interest , will I expect the bank to start the 15% withhold ?

 

Posted
7 minutes ago, Alotoftravel said:

....question: once that  account passes the 20,000 baht interest , will I expect the bank to start the 15% withhold ?

Heck if I know but would guess they'll either withhold starting at that figure or, presuming you were about to earn 21k baht in interest, they'd withhold 15% on the whole amount.  In a sense, doesn't matter (other than the hassle) as with your new tax ID you can go to the applicable Treasury building January-March and they'll file a tax return for you and you'll get whatever amount of tax withheld (provided you qualify..... which basically means that otherwise you don't have income tax due in Thailand).

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