Receiving Payments into Thai Bank account

[tezzaaa]

Hi,

I have a couple of bank accounts in my name in Thailand. Although I'm a regular visitor and married to a Thai, I'm not officially resident in Thailand yet as I don't spend more than 6 months there per year ; I'm EU resident.

 

I do some additional IT projects for an online remote work platform and given they are pretty flexible as to where they can pay me, I have the option to be paid into my Thai bank account, does anyone know if this would be a problem/bad idea? I'm thinking about the new tax law etc.

 

Thanks 🙂

[Mike Lister]

Is that money declared or taxed anywhere?

 

Where does the work take place?

 

Is the client in Thailand?

[tezzaaa]

Just now, Mike Lister said:

Is that money declared or taxed anywhere?

no...

[tezzaaa]

2 minutes ago, Mike Lister said:

Is that money declared or taxed anywhere?

 

Where does the work take place?

 

Is the client in Thailand?

the client is based in Europe and the work takes place in Europe also

[Mike Lister]

1 minute ago, tezzaaa said:

no...

And the other two answers?

[tezzaaa]

Just now, Mike Lister said:

And the other two answers?

sorry just replied 🙂

[Mike Lister]

You don't appear to have a tax liability in Thailand because the work isn't performed here, the client is not here and you are not tax resident.

 

The rest of the picture you already know about so we wont go into that.

[tezzaaa]

thanks for help

[Mike Lister]

The OP has his answer so I'm locking the thread since it begins to discuss tax evasion, which is illegal.