Visa and Tax Declarations

If you are a Thai tax resident (180 days or more) and transfer in, carry across the border or spend on an ATM any funds from overseas that are classed as foreign sourced income, then this is potentially taxable. It doesn’t matter what the money is used for.

I recommend you watch our videos on this subject or podcasts which explain what is classed as taxable transfers

DTV visa holders are subject to the same tax rules as other tax residents if they remain in Thailand for more than 180 days in any year. You are taxed on any Thai-sourced income and any overseas income that you bring into Thailand. After applicable allowances and deductions, you are progressively taxed at rates ranging from 0% to 35%.

The table below shows the Thailand’s progrssove tax bands.

You can find all the relevant information on rates, allowances and deductions here.