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I've heard if I send money to my bank account in Thailand from other country, 15% of remitted amount shall be taxable. Is it true? If so, when it is implemented?

2007-01-21 14:38:33 · 2 answers · asked by ahlos 2 in Travel Asia Pacific Thailand

2 answers

I think you are confusing the investment tax. They have now imposed a tax of 30% non interest accruing on investments. this si to keep people from taking their money back out of Thailand within a year. If you are sending money to your own account here in Thailand there is a small fee for processing but nowhere near 15% unless you are just sending a small amount like $50USD. In that case its going to cost you more than what you are sending.

2007-01-21 16:33:48 · answer #1 · answered by Jim G 4 · 1 0

have not hear about this tax, this is new to me. I sure the hell hope it's not true.

2007-01-22 02:05:33 · answer #2 · answered by Anonymous · 0 0

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