CrossBones Posted January 24 Share Posted January 24 Hi Regarding the new rules requiring residents to pay tax on foreign remittance. If I purchase a high value item such as a car and transfer the money to the seller - a company (ie a new car from a dealer), from my overseas account directly to their (business) account - is this taxable? I havent remitted money to my personal account right. Its sent from overseas to a Thai company. Or how about if I buy a new condo off-plan and send the payment to the developer directly from overseas? Is this my personal income? Its not right - its a business income from the seller of the asset? Link to comment Share on other sites More sharing options...
Mike Lister Posted January 24 Share Posted January 24 6 hours ago, CrossBones said: Hi Regarding the new rules requiring residents to pay tax on foreign remittance. If I purchase a high value item such as a car and transfer the money to the seller - a company (ie a new car from a dealer), from my overseas account directly to their (business) account - is this taxable? I havent remitted money to my personal account right. Its sent from overseas to a Thai company. Or how about if I buy a new condo off-plan and send the payment to the developer directly from overseas? Is this my personal income? Its not right - its a business income from the seller of the asset? Please do not cross post the same question in different threads, this thread will be closed Link to comment Share on other sites More sharing options...
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