falang07

For rgs2001uk: please read the topic again, all I need to know is if the law was really changed recently since the English version of the law WAS REALLY CHANGED in October. And secondly, I need this to be tax free not in Thailand, but in Europe, understand? Of course I know that if I do not tell anyone in here, I do not have to pay Thai income tax, but I need to prove this to the European tax office in my country... So do not be a dumbass :-)

Yes, but all this topic is about the case when they are purposefully wired to Thailand exactly for the reason of not having to pay any tax from them. 3 pages of talking and still not a clue if they have really removed that clause from the Thai law.

Are you really asking how would they know you wired some money from abroad into Thailand?

But every money comes originally from some income (unless you can print money), and if they remove that clause, me as a Thai tax resident will be subject to pay the Thai income tax on all money remitted into Thailand.

So above is a snapshot from May this year. Clearly, the clause was still there, however, current version has it removed already. Feel free to check yourself older versions at http://web.archive.org/web/*/http://www.rd.go.th/publish/6045.0.html. I have a strange feeling that they have changed the law silently.

Version from May this year: http://web.archive.org/web/20130510085324/http://www.rd.go.th/publish/6045.0.html

...income is remitted into Thailand within the year that the taxpayer receives that income...

OK, seems like no one can confirm my question, but unfortunately I can not find the Thai version of the law. Can anyone help me find the income tax law in Thai? I will try to translate it myself.

Also bare in mind that apart from any changes that need to be made, if you have an account in one area and use an atm in another area you will be charged (depending on bank).

Wow, that's absurd and great information. I can see I'll be learning quite a bit throughout this transition. Thanks, CharieH.

Not so absurd if you compare with the prices in Europe. In here, you can withdraw from any ATM (even different bank) and in case you stay in the same province, it is free. ATM cash management is quite costly so be glad it is free or very cheap, in case of inter-provincional withdrawal.

from http://www.thai-interlocking.com: LATEST UPDATE :
Dear Visitors from all around the world,
In an effort to be the ultimate Interlocking Brick Machine supplier,
Since March 2012, we are closed for business temporarily for Research and Developments and restructuring our brick construction departments.

We currently stop building manual and semi automatic machine due to very high demand on full automatic machines.

You may still send us inquiries, and come January 2013 we will invite those who sent email to us to see our latest machine.

November 2013 and still no update...

seems like those pharma companies need to sell more of their deadly medicine...

One possible answer to my original question would be that the Thais have better removed this from the English translation not to draw too much attention to it by the international authorities due to the recent hunt for tax havens...

Well, just rest assured the country allows it, no need to name it.

you can rest assured that all European countries "allow" that you draw your income, capital and whatever other gains tax free if you don't meet the (depending on the country different) criteria of being a tax resident.

some countries apply the "183 day" rule. others, such as my home country Germany, apply income tax liability on your worldwide income if you maintain only a tiny furnished room in Germany even though you have not set foot on German soil for 10 or more years.

and now i'm angry because stupid me "revealed my identity"

My country allows having a room but you have to revoke your permanent address (and still can keep any house or room in your possession). Regarding your country, what if the room is not furnished?

Well, just rest assured the country allows it, no need to name it.

OP this thread has been going round and round in circles trying to help you but it is as if you do not want to be helped?

If the country allows it (whatever it is?) and you know that why did you bother asking the question in the first place.........

PS - that's a rhetorical question so please feel free not to answer.

Please reread my original question again, it was not about me asking for help with this thing, it was about the simple fact that it is now missing in the official English translation of the Thai law on the official Thai Government site. And my question was if this really means that the law was changed already. And no, I still did not get any answer to this.

Well, just rest assured the country allows it, no need to name it.

So once again for those who can not see the forest because of too many trees... :-) if I do not get a tax residency in here, I must still pay the tax in Europe from income earned all around the world, and then it does not matter if I remit it or no (and regardless when).

what country in Europe???

I am not going to reveal my identity in here but it is some that really allows what I intend to do.

No, you are one of those who can not see the forest, too This applies only to offshore earnings, not earnings from Thailand.

So once again for those who can not see the forest because of too many trees... :-) if I do not get a tax residency in here, I must still pay the tax in Europe from income earned all around the world, and then it does not matter if I remit it or no (and regardless when).

I think you misunderstood the whole concept, my effort is exactly the opposite, i.e. to become a tax resident of Thailand and not have to pay any taxes from the offshore income remitted in the following year.

OP it has been clearly stated if you remit income from offshore in the year after it has been earned you do not pay any taxes - whether you are tax resident or not.

And as already stated several times even if you remitted it in the same year who would know it was from that year or another year other than you.........

it is useless to bother with people who can't see the forest because of too many trees.

Indeed, what an irony

But only if I am tax resident in here, I can avoid to be a tax resident in Europe. Understand now? No tax residency in Europe, no taxes in there. Tax residency in here + remitted in the next year = tax haven on Earth

I think you misunderstood the whole concept, my effort is exactly the opposite, i.e. to become a tax resident of Thailand and not have to pay any taxes from the offshore income remitted in the following year.

Speaking of skulls.......Anyone around Roi Et know where I can get a couple of buffalo skulls with horns? I want them for my front entry gate.

I suppose anywhere where they slaughter buffaloes.

not heard about it if there has been a change and, this rule has been in place for a long time so it would be very major news...

It would be a big and serious news for many. I just wonder why it was removed from the English version, perhaps not to draw too much attention to it? One can only speculate. Also, I would really appreciate if anyone could confirm this is still present in the Thai version

ever heard of double taxation treaties?

double tax treaties do not cover tax free offshore income.

Of course, double tax treaties are useless in this case.

the Thai version contains "in the year...". TV-member Samran copied and translated it several years ago because i had my own strong doubts.

But the question is, does it contain it now? I would swear I have seen it in the English version before, too. It seems it has gone just recently, that is why I started this topic now.

In http://www.mazars.co.th/Home/Doing-Business-in-Thailand/Payroll/Personal-Income-Tax-in-Thailand, they say "A resident will be taxable on income from sources in Thailand on a cash basis regardless of where the money is paid, and on the portion of income that is brought into Thailand in the same year that it is earned. "

However, in http://www.rd.go.th/publish/6045.0.html (which is the official government page), it says only "A resident of Thailand is liable to pay tax on income from sources in Thailand as well as on the portion of income from foreign sources that is brought into Thailand. "in the same year that it is earned" is omitted there. Does this mean this is no longer valid and the law was changed already?