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.

[UKresonant]

On 3/18/2025 at 9:34 AM, 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?

It's not the transfer that is taxed, it is the underlying earnings or taxable event, whilst you are in Thailand for more than 179 days. If in Thailand for more than the 179 days, you may have surrendered fiscal domicile to Thailand, so anything you remit to Thailand, from those periods may be potentially taxable, in the.years going forward, when remitted to Thailand. ( memo POR 162 gives some exemptions for prior to 1st Jan 2024)

 

If tax resident outside Thailand, and pay tax to, say your home country, and you are in Thailand less than 179 days, not Thai tax relavant, whenever remitted to Thailand. In a lot of cases (eg UK ) best to be in that status, for the likes of property sales and the like.

 

These are the guidelines, as I understand them, not to be taken as fact! But generalisation of what papertrail proof , to create....