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Money from abroad

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Have we still not moved past the notion that the Thai banks are morphing the Thai tax department? 

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  • Both countries have signed up to the OECD Common Reporting Standard which allows for this information to be shared.

  • Mike Lister
    Mike Lister

    There is a simple explanation of the personal income tax system here, in a thread in the finance section, it's pinned and called a simple guide to personal tax for foreigners, linked below.  

  • Mike Lister
    Mike Lister

    The money will not be taxed by the bank when it is received. If anything, that money should be reported on a Thai tax return as income but that will depend on whether you are Thai tax resident in the

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