Income received from overseas investments include: Profits from trading securities (Capital Gain) and/or dividends. If this income is received in Thailand in the same tax year (calendar year), the client is obligated to include it in the tax income with the Revenue Department for tax purposes.
If the money deposited abroad is 1,000,000 baht in 2022.
And the shares are sold in 2022 with a capital gain of 500,000 baht.
Then the total comes to 1,500,000.
The income that is received as Capital Gain/Dividend/ Interest Rate in the same calendar year, must be included in personal income tax for the Revenue Department (from the date of transaction).
*In the case of complications regarding income tax payments, please consult with a dedicated tax professional.
For income received from overseas investments as capital gains and/or dividends, if this income is received in Thailand in the same tax year (calendar year), client is obligated to include it in the tax income with the Revenue Department for tax purposes.
For income through Capital Gain:
For income through Dividends:
U.S. Relief at Source is a tax reduction service for dividends that are from U.S. securities and the U.S. Tax report is for reporting income and to provide tax information to the U.S. Internal Revenue Service (IRS). The mentioned services are available to customers who have foreign accounts and are interested in filing tax information for receiving dividends from U.S. securities throughout the year.
