Biggest Benefit to Being Expat

General chat about life in the Land Of Smiles. Discuss expat life, relationship issues and all things generally Thailand and Asia related.
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StevePIraq
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Re: Biggest Benefit to Being Expat

Post by StevePIraq » Wed Dec 13, 2017 5:37 pm

:offtopic:
"Live everyday as if it were your last because someday you're going to be right." Muhammad Ali

moater
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Re: Biggest Benefit to Being Expat

Post by moater » Wed Dec 13, 2017 6:38 pm

Nereus wrote:
Wed Dec 13, 2017 4:56 pm
moater wrote:
Wed Dec 13, 2017 4:23 pm
In Thailand you become a tax-resident when you stay 180 days in a calendar year, regardless of your visa. Yes, tourists too.
Obviously this isn't being enforced or effectively practiced, but it is the law.
I think that you will find that the law basically states: "income derived in Thailand".
Income sourced in Thailand is taxed whether you're a tax-resident or non-resident. Tax-residents are also taxed on income sourced outside of Thailand, if they bring it into Thailand within 1 year of it being sourced.

Here's a quick general quote from rd.go.th:

"Taxpayers are classified into “resident” and “non-resident”. “Resident” means any person residing in Thailand for a period or periods aggregating more than 180 days in any tax (calendar) year. A resident of Thailand is liable to pay tax on income from sources in Thailand as well as on the portion of income from foreign sources that is brought into Thailand. A non-resident is, however, subject to tax only on income from sources in Thailand."

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