Thailand tax revised again (In draft)

[tickertrader]

Take a look at this. Thai isdrafting to modify the law again. This time any oversea income includes those not remitting to Thailand also has to be taxed. Any thoughts?

https://www.bangkokpost.com/business/general/2860812/law-to-tax-income-from-overseas-in-the-works

 

[JackAlabama]

Thailand new change - world wide income at Thai tax levels to be taxed

use this thread. Its better not to start a new one.

 

[wellington]

Change “a-foot” https://aseannow.com/topic/1351759-thailand-may-ease-overseas-income-tax-rules-amid-global-changes/

 

[mmueller]

wellington said:
Change “a-foot” https://aseannow.com/topic/1351759-thailand-may-ease-overseas-income-tax-rules-amid-global-changes/
Click to expand...

I read the OP several times and I don't understand. It doesn't say anything new at all.
I googled and came up with this: "Thailand mulls tax breaks to attract overseas investment" https://www.nationthailand.com/business/banking-finance/40046276

Okay, they are "still looking". Keep calm everyone.

 

[TRGali]

Does the DTV visa not allow the same type of taxation as it used the be in Thailand? It says that with that visa, you don't pay tax on the foreign income as long as non remitted in Thailand.

 

[wellington]

TRGali said:
Does the DTV visa not allow the same type of taxation as it used the be in Thailand? It says that with that visa, you don't pay tax on the foreign income as long as non remitted in Thailand.
Click to expand...

No one pays tax for income overseas not remitted in Thailand, regardless of Visa.

 

[TRGali]

Ohh... I see, then I missed what changed in the taxation rules. Anyway, as much as I enjoy life in Thailand, I cannot push it to 6 months so it won't apply to me.