Taxability
ข้อสงวนสิทธิ์ในการให้คำแนะนำด้านภาษี
ข้อมูลบนเว็บไซต์นี้มีวัตถุประสงค์เพื่อให้ข้อมูลเท่านั้น และไม่ถือเป็นคำแนะนำด้านภาษีจากผู้เชี่ยวชาญ สำหรับรายละเอียดเพิ่มเติม โปรดดูรายละเอียดฉบับเต็มของเรา ข้อสงวนสิทธิ์ในการให้คำแนะนำด้านภาษี.
Fixed deposits are taxed on the capital gains that have been made and what percentage of the gains are remitted into Thailand. You will have to declare this on your tax return. There maybe tax credits available if tax has been paid in the other jurisdiction, depending on the DTA between that country and Thailand.
If you have investments and have not made a profit, so there is only capital and no gain, you can potentially remit that into Thailand without any tax implication or obligation. It is best to check this with a tax advisor before remitting the funds if you are unsure.
How funds are treated depends on the source of the money remitted. Not all money remitted into Thailand is treated as income. This depends on whether the money was in the bank before becoming a tax resident and also if it was from non-income tax sources like inheritance for example.
It depends on the source of the money that you remit and whether they are classed as foreign sourced income. Thailand tax residents are liable for taxes on their foreign-sourced income remitted to Thailand. This means if you’re considered a tax resident in Thailand—defined as someone who spends 180 days or more in the country in a calendar year—you must include your income remitted from abroad in your annual tax return and pay Thai taxes on it. However, to avoid double taxation (paying taxes on the same income in both Thailand and the country where the income was earned), Thailand has double tax treaties with 61 countries that allow for tax credits or exemptions. It’s important to consult a tax professional to understand how these treaties may apply to your situation and to ensure compliance with Thai tax laws while maximising available benefits.
If you were a Thai tax resident when the income was paid into the account, then if you remit this into Thailand at any time in the future, this is liable for income tax in the year it is remitted. This started from 1st January 2024 onwards.
Income paid into the account from 1 January 2024 onwards will be classed as assessable income if remitted to Thailand.
This is classed as assessable income if it is remitted to Thailand at anytime in the future.
