Tax services for expats in Thailand

Is all remittance that we bring into Thailand treated as income, or is it defined and proven that incoming funds are savings?

March 26, 2024

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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.

Category: Taxability
Tags: Savings, Source of Funds