Canadian Expat in Thailand trading USA Stock Market -- how do i lower/avoid taxes?
- Thread starter Parabrahma
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Yes it's capital gains.
Thailand has no CFC rules yet. You can if you wish trade within an offshore company and don't remit any income in the first year it is generated. Remit a year later if needed as personal income and it will then be tax free.
But I would speak to a local tax advisor firstly. It would be a simply thing for them to advise on.
P.S Maybe anyone living in Thailand can advise here.
Thailand has no CFC rules yet. You can if you wish trade within an offshore company and don't remit any income in the first year it is generated. Remit a year later if needed as personal income and it will then be tax free.
But I would speak to a local tax advisor firstly. It would be a simply thing for them to advise on.
P.S Maybe anyone living in Thailand can advise here.
thank you for some input, so i need to open my stock account through a company, like use my company for trading the market, and not trade the market directly myself as an individual?
We are talking about max an hours work for a tax advisor or tax lawyer to give a legal opinion and for you to stay safe. Seek professional advice to confirm this all.
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