If I open an offshore account / channel islands do I need to declare the interest and pay tax from that account if im tax resident in Thailand but don't work here

54 minutes ago, waterleak said:

If I open an offshore account / channel islands do I need to declare the interest and pay tax from that account if im tax resident in Thailand but don't work here

You will only fall under the Thai tax system, if you remit said income to Thailand.

Depending on the amount and after personal deductions

you will maybe be under the taxable threshold. but may need to file a tax return.

But in short answer, money outside Thailand is your business not there's.

Read through the posts on this on the forum, for more understanding of Thai tax for foreigners and your particular circumstances, I assume you are a foreigner.

Good luck.

Edited June 15Jun 15 by rocketboy2

Can some one redirect me to an old topic, please? It is transfer codes needed for sending funds to a foreign bank.thanks

2 hours ago, paddypower said:

Can some one redirect me to an old topic, please? It is transfer codes needed for sending funds to a foreign bank.thanks

What do you mean by that? You usually need a SWIFT code of the receiving foreign bank.