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Posted

Hi Guys - I am aware I can trade with Thales or Investors Europe who apply no withholding or other taxes.

I do however haqve an account at Interactive Brokers in the US who apply a 15 % withholding. Treaties with various govts around the world credit that 15% towards tax paid in country of residence or registration.

Question is - What happens in Thailand. I am retired and qualify for 12 month retiree visa and I understand am tax free in Thailand on income from shares derived outside LOS. I trade, not buy and hold forever, sometimes I may hold for a few years but that cannot be predicted. Tomorrows 4 year intended purchase may be dropped in a few months if not up to expectation. I am in equities, options, etf & n's on commodities and sectors and can be in FX optionsd or spot.

In some countries it makes a difference what you are trading ie spread betting being tax free in the UK.

Can anyone clarify the situation for me. I plan to come to LOS in about a month to check everything out - including using load balancing modems for greater internet reliability. All comments on any aspect welcome but tax info needed.

Thanks in advance.

Michael.

Posted

work permit will be needed so you'll pay tax on it otherwise, keep things under the radar and everything will be fine.

just notify your home country you change of country of residence and voila tax free ;-)

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