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Monday, May 6, 2024

Thailand Tax Remitted Taxation

Hello! From what I understand, foreign sourced income are not taxable, as long as you don’t bring it into the kingdom in the same year.

Does anyone have good tips on how to navigate this?

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What about spending on a credit card with a foreign bank paying this off? Is it “brought” in the second it’s spent?

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Do I have to have enough cash in the bank on Dec 31, in order to spend it the following year?

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What if I have $100 invested, and it goes to $110; is there a way to sell the “original” $100 without any income seen by Thailand and just spend that?



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