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Posted

I filed my return. Specifically because I received a royalty payment into my KBank account.

Also, I filed tax returns for the ten years prior, since I worked in Thailand. Thus, I already had a TIN.

I owed no tax. But I received income directly into Thailand, and I am a tax resident.

That said, for those who will owe no tax, I think not filing is an okay strategy.

At some point, if they get serious, they will tie our extension to a tax filing.

But so far they have stated clearly that they will not do that.

So, for now, not filing should be okay if you owe no tax.

Posted

So any advice please a little confusing, if money is deposited into my bank before I get to Thailand Say the year before. How does the law apply If I stay for a year Do I have to pay tax on the money that was deposited in the bank a year before? And what about if  I want to buy a house when I transfer the money for the house do I pay tax on that as well What do,  transfer the money and then leave the country after 179 days anyone with a little more knowledge, please?

Posted
3 hours ago, Merrill said:

So any advice please a little confusing, if money is deposited into my bank before I get to Thailand Say the year before. How does the law apply If I stay for a year Do I have to pay tax on the money that was deposited in the bank a year before? And what about if  I want to buy a house when I transfer the money for the house do I pay tax on that as well What do,  transfer the money and then leave the country after 179 days anyone with a little more knowledge, please?

Maybe you should start to read up a little to try and understand the basics - possibly start with this 

First few pages should give you some basic knowledge.

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