Thai income tax (for over 180 days)

[AndyAndyAndy]

So, is the general approach that we're doing nothing? I think so, right? I just don't want to sit it out and then find out that you all did something. Or not?

[JBChiangRai]

I'm doing nothing

[timendres]

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.

[Delight]

If you decide to pay tax on incoming monies-then you have to volunteer .

[CharlieH]

Finance Forum - MOVED

[offset]

It can depend on if you can get a tax refund

[Merrill]

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?

[topt]

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.