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[YouTube] Top 8 Facts about Taxes for Expats in Thailand

by Joe Mobley
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From the Description.

Thailand is becoming a popular destination for Americans. But, how does moving to this beautiful country impact taxes for expats? Find out more from our experts in this video.

"Once you have lived in Thailand for more than 180 days in a calendar year you are considered a resident. Prior to that 180 days you are considered a non-resident.

Thailand taxes worldwide income, just as the US does. But unlike the US, only residents are taxed on their worldwide income while non-residents are taxed only on the income earned in Thailand.

Thailand's tax rates vary depending on your personal income. Rates are progressive and range from 0% for those who earn less than 150,000 baht to 37% for those who earn more than 4,000,001 baht.

Thailand uses a calendar year and your Personal Income Tax return ("PIT") must be filed by March 31 for the prior year. If you happen to be a public entertainer or earn advertising fees, you are required to file a 'mid-year' return by September 30th."

Joe Mobley

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