resident in thailand but paying tax in ireland

viztopia

i have an uncle who has been resident in Thailand for 3 or 4 years now. he owns a pub with his 2 brothers in ireland and they have a manager running it. he gets a third of the profit. however he is paying tax here in ireland (self assessed form 11) this doesnt sound right. shoudl he not be paying tax in Thailand?

misspiggy40

For tax purposes, even if you are not resident you remain 'Ordinarily Resident' for four years. In that case you still pay tax on any income arising in Ireland. After that you only pay tax on profits made on the disposal of certain assets.

So, for example, if your uncle was resident up to 2005 he would be ordinarily resident until 2009.

Hope that helps.

TaxingTimes

As this is income from self-employment, and arises in Ireland - this will always be taxable in Ireland.

As a resident of another country (Thailand) it is likely that he will be taxabla on this income in Thailand also. However, Ireland does not have a Double Tax Treaty with Thailand and therefore should take professional advice in Thailand re any credits due for the Irish tax paid.