Rionoir Posted August 4, 2007 Share Posted August 4, 2007 Related to another thread I had, but just want to clarify something... If I get paid in a bank in the US and do the work while I am in Thailand on a student visa... is this going to get me in trouble? (assuming someone finds out etc) Link to comment Share on other sites More sharing options...
Maestro Posted August 4, 2007 Share Posted August 4, 2007 Yes, big trouble, assuming someone finds out and denounces you. 1. Working without a work permit: arrest and deportation. 2. Tax evasion. Don’t know the details here, but probably also not very pleasant. -------------- Maestro Link to comment Share on other sites More sharing options...
Rionoir Posted August 4, 2007 Author Share Posted August 4, 2007 Ok thanks. I actually have a friend who will be a partner in a business over there and they said they can get me a work permit... but I don't think it would do me any good, because from what I understand any company that I work with I have to have a work permit with. I want to do some freelance work, but short of starting a business it's looking impossible. Link to comment Share on other sites More sharing options...
skippybangkok Posted August 5, 2007 Share Posted August 5, 2007 Yes, big trouble, assuming someone finds out and denounces you.1. Working without a work permit: arrest and deportation. 2. Tax evasion. Don’t know the details here, but probably also not very pleasant. -------------- Maestro I think one should moderate the answer with probability....... Keep you mouth shut to friends and colleagues and i doubt it will ever become an issue. Link to comment Share on other sites More sharing options...
samran Posted August 5, 2007 Share Posted August 5, 2007 regardless of work permit status. If resident in thailand, and the employer is a Thai employer, regarless of where they pay you, your income is taxable. If resident in Thailand, and your employer is not a Thai based company, and they pay you off shore, then that money isn't taxed UNLESS it is repatriated by you back into Thailand. EG. A US company pays you $10000 to an offshore account in HK. You bring in $1000 for living expenses, that $1000 is liable for income tax at your marginal rate. Link to comment Share on other sites More sharing options...
Rionoir Posted August 5, 2007 Author Share Posted August 5, 2007 regardless of work permit status.If resident in thailand, and the employer is a Thai employer, regarless of where they pay you, your income is taxable. If resident in Thailand, and your employer is not a Thai based company, and they pay you off shore, then that money isn't taxed UNLESS it is repatriated by you back into Thailand. EG. A US company pays you $10000 to an offshore account in HK. You bring in $1000 for living expenses, that $1000 is liable for income tax at your marginal rate. Thank you for that explanation. Would it be considered "working in thailand" so that I would need a work permit for that work in a situation like this? I have ways to get a work permit from another company that wants to employ me, but I also have a business in the US and could continue to get paid here and do some work over there... would I have to move the business over there or? Link to comment Share on other sites More sharing options...
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