Tax summary. Foreign stock buyer edition.💸

📅🎉 at the end of this year, anyone who has bought shares since the beginning of the year may start to sell some profits. Besides the profits, we may be a little undervalued, but there is another thing that investors should not miss, namely, the tax. Today, let's see how for foreign stocks to handle the tax. Let's go 🎉

💰 first of all, let's understand the outside share tax. How this year has changed. Most recently, from 2024 onwards, the sale of foreign profits in any given year is subject to personal income tax, which is 5-35% depending on income 💰.

💸, what parts need to file taxes 💸?

There are three parts to file here.

1️⃣ the income generated by the capital from the sale of securities is simply the capital gain. If we sell the shares and get USD, it will still not file the tax. But if the money is redeemed in baht, it will be classified as the profit which must be filed in personal income tax. This will also be combined with our regular income.

Dividend 2️⃣ for Dividend Stock Lines or ETFs. Focus on Dividends. This will be withheld at tax. This will be deducted by the United States. It is 30% from dividends. We do not have to repay Thai taxes again and can also be credited as tax.

3️⃣ the value of the money. This year we invest and the value of the money will not lose, haha. But if there is a profit from the difference in the value of the money, such as buying a stock when USD = 31.98, selling the stock when USD = 33 baht, this will also have to submit the income in tax.

🚨 loss. Still not selling shares, have to file taxes? 🚨

For the Doi Line and the Red Line (we are also with some stocks), here, where losses do not have to be tax filed, including if the shares are not sold.

🙋‍♂️ everyone. This year, have sold profitable stocks and prepare to file taxes or still confused. Our part this year has not sold profitable stocks yet. 🙋‍♂️📈

EP. Next, we will share the investment tax saving trick.

❗️ investment is risky. The information should be studied before making an investment decision. ❗️

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