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KhunHeineken

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Everything posted by KhunHeineken

  1. Do you think their public announcements that have been in the news is their "invitation? I am sure the Thai authorities now consider you as being "informed." Sure, you can try doing "nothing" and pleading ignorance, but that may have some consequences, probably measured in baht. I think those that do nothing will just be easy targets for some quick money in the future. A bit like saying, "no one else is wearing a helmet, so I thought I didn't need to wear one."
  2. As I have said in the past, there is an immigration desk at the airports where people can pay their overstay fines. There very well may be a TRD desk in the future where the immigration guy says, "You have been in Thailand more than 180 days this calendar year, go over to the TRD desk then come back." The computer will do the calculation, as it does for over stayers. At the TRD desk, one may have to pay "something" not necessarily the correct amount of tax, but "something." Not a rumor, not scaremongering, just a prediction about what Thai authorities MAY do. They already do it for over stayers. It's possible they MAY also do it for tax collection. There already is a VAT return office at the airport for tourists.
  3. Like I have said in the past, the TRD may simply want 300, 500, or 1000 baht for a Certificate of Clearance each year, just like we pay 300 baht for a Certificate of Residence, when they should be free. They may chase high net worth individuals, but for your average expat pensioner, maybe it's all about paying a few baht for a document from the TRD each year and be on your merry way. Who knows at this stage, but it's an easy earner for them, and I can't see them walking away from easy money.
  4. I've never suggested expat pensioners will be "targeted by the TRD." Expat pensioners will simply be scooped up by Thai tax laws, and whilst Thai authorities maybe be focusing on high wealth individuals, the law will apply to all, Thai and farang, who are inside Thailand for 180 days in a calendar year.
  5. I over simplified it for the purposes of explaining to those that believe a DTA means if their money was taxed in their home country, then it can not be taxed in Thailand, which is a myth, and explained quite well by the guy in the youtube video I posted.
  6. It's not a rumor, it's an obvious method available to Thai authorities in regards to tax enforcement for expats. Thus, it's a prediction, and not just from me, but from many others as well, and worthy of some consideration, especially as you already need to produce some documents at extension time. If it's being discussed by expats, you can bet the Thai authorities have considered it, because it's so obvious. A "rumor" would be someone posting on here "My friend at the TRD told me you will need a certificate of clearance for your extension." That's spreading a rumor. There's a difference between a rumor and a prediction. I just can't see the Thai's allowing people like yourself, and others, to continue on as normal, doing nothing about Thai tax policy. If they allowed you to do nothing, everyone else would do nothing, thus no money for them. They will have something up their sleeve to force you into their tax system. At this stage, what it is, we don't know, but there's a lot of money just sitting there, untapped, and I can't see the Thai's giving farang a free pass. A certificate of clearance at extension time is only one of many methods they have available to them, but it would be the easiest and cheapest way to force farang to make contact with the TRD, rather than the TRD chasing the farang. I keep an open mind as to what they can / will do here, and "we" may be able to get away with doing nothing for a while, but eventually I can see them scooping up all farang that have been inside Thailand for 180 days in a calendar year and making them pay "something" and when I use the word "something" it could be as simple as 300 baht for a certificate of clearance, just like the certificate of residence, making the Thai tax policy a joke for many, but a nice earner for the TRD, which sends the money up the chain. Time will tell.
  7. Can you show me where I mentioned anything about a "subscription" in my post? No, I didn't think so. Skype also has Pay As You Go. Pay As You Go "money" does not have an expiry date, so great for "calling periodically." Obviously, works on the Skype app as well, so can ring from anywhere. This was your suggestion: "Then you get 100 minutes and 100 SMS to Australia for AU$20." Skype minutes is a much cheaper option. Compared to your suggestion, 624 minutes for $20, compared to 100 minutes with your suggestion. The large disparity in minutes makes the connection fee irrelevant. The below looks pretty good to me. See rates for the destinations you want to call Where do you want to call ~312 mins for AU$10.00 of Skype Credit* Calling - per minute Calling - per minute1 Australia 3.2¢ Australia - Canberra 3.2¢ Australia - Mobile 2 14.0¢ Australia - Shared Cost - 1300 prefix 2 36.4¢ Australia - Special Service - 13 prefix 2 9.8¢ Australia - Sydney 3.2¢ Australia - Toll Free 3 AU$0.00 SMS Cost per message Australia 11.8¢ When calling from Thailand, a connection fee of 6.9¢ applies, unless otherwise indicated. When calling from Thailand, a connection fee of 12.4¢ applies, unless otherwise indicated. When calling from Thailand, a connection fee of AU$0.00 applies, unless otherwise indicated.
  8. An invitation that I a suspect will be eventually attached to your annual extension.
  9. A DTA ensures the same money is not taxed twice. A DTA does not ensure the money is only taxed in one country. What you post about is a common myth, which this guy explains quite well.
  10. You can buy 300 mins of Skype to Phone credit for Australia for $8.42. Good for all numbers in Australia. About 3.3 cents per min. https://www.skype.com/en/international-calls/Australia
  11. Have you selected "International Roaming" inside your account? Check you have the right APN (Access Point Name) configuration for Amaysim in your phone?
  12. All possible, but are they probable? I could address each of your 8 points, but how relevant are they? You have to remember, MONEY, MONEY, MONEY is there for the taking, in one way or another, and farang are soooooooo easy targets. Have you ever known Thai's to walk away from easy MONEY?
  13. I agree. I don't know why some members think this is an impossibility, particularly as one member has already posted of his experience. I posted that if it's a requirement for new accounts, how long before the banks request the same from all account holders and some members seem to think it will never happen. Funny that.
  14. I agree. Correct. I agree, but as I pointed out in another post, if you are topping up your 800k, tax, if you are using the 65k a month method, tax, if you are paying an agent, you can get around paying tax, but need to pay the agent. One may be cheaper than the other, but that comes down to individual circumstance. Either way, pay, pay, pay. It's laughable to me that so many think NONE of this will come back around to their retirement visa / extension. We will all have to pay something. Some people will have to pay big, some people will have to pay small, but it's not just going to go away like it never existed.
  15. Firstly, you have to live in that "main house" for 12 months, otherwise, any capital gain can be taxed. I have never suggested it's not going to be chaos. I have never suggested this is a well thought out and well planned policy. I have never suggested the TRD has been recruiting and training staff to gear up for this. What I have suggested is the Thai's won't miss a chance to turn a baht out of it. It could be as simple as paying 500 baht for a TRD document for your extension, much in the way you pay 300 baht for a Certificate of Residence, even though they are free. It could also be showing the TRD a balance sheet from your bank showing total money deposited and that's what you pay in tax. I don't know what January to March 2025 is going to look like, and neither do you, but I can't see the Thai's missing out on their chance for more MONEY from farang, especially when this is a global tax. I'll ask you the same question I asked another member. Say this does all just go away, how do you think the Thai's will withdraw from it?
  16. Could it be because the Thai financial / income year is the calendar year and that doesn't until the 31st December 2024? He said "TIN." I took that to be a Thai "Tax Identification Number." It could be his US number, so perhaps I have misunderstood. Do you know the member personally?
  17. Deflection - and you know it. So what you ask, well, how do YOU know whether Thai banks will do the same as Australia and other countries, or do the same as the other countries where is doesn't happen? You just dismiss it as an impossibility, despite a member posting he was required to supply a TIN before he could open an account. What does that tell you? Do you think it's even remotely possible Bangkok Bank will contact account holders in the future and give them a date by which they have to also supply a TIN. I gave the example where we all had to register our sim cards, but you say there's no way banks would do it. It's laughable. Not every one is an "ostrich" like yourself. Burying their head in the sand and hoping it all goes away. Question for you. Say it was to "all go away" how do you think the Thai's would do it? Do you think between January to March 2025 if all foreigners do nothing then nothing will happen, carry on as before? Tell me how you think the Thai's will withdraw from this policy, particularly as there is MONEY involved.
  18. A lot of opinion, but not much fact and relevance. Example: I couldn't care less about how well the Thai economy is doing, or how well their tourism industry is going, but he commented on these. All he did was take some quotes from a news article and give his opinion about it. Yes, the collection part of the policy is up in the air, and we will have to wait until early 2025 to see how they go about it, but they announced they will be enforcing the policy, and as of late June, for anyone who has been in Thailand since the 1st January 2024, you are now a tax resident of Thailand, so you are in the game.
  19. Yes, it's also unlikely there will be yet another military coup, until the next military coup. It's funny to read many members putting forward reasons why this won't happen and why that won't happen, but they overlook the main reason why the Thai government is doing this, and that is, MONEY. Why would they walk away from a policy that involves MONEY????
  20. We have a post from a member who has said Bangkok Bank require a TIN in order to open a new account. Are you stating that the member is lying? I have said in another post to you I have to supply my Tax File Number to my bank/s in Australia or the interest is taxed at the highest marginal rate. Why couldn't / wouldn't Thai banks implement a similar policy? This would basically force all account holders to supply their bank a TIN. As for speculation, the Thai government announced the laws will apply starting 1st January 2024. That was not speculation, that is fact. I think many members are speculating there will be no tax collection in 2025, for a variety of reasons, but the Thai government has put people on notice that this tax law will be implemented, and I don't see the speculation in that, as time ticks by in this Thai financial / calendar year.
  21. I'm Australian. In Australia, if you do not give your bank your Tax File Number (TFN) the bank taxes any interest at the highest marginal rate. I am sure other countries have a similar system, yet here you are saying Thailand will not implement something similar? Also, my bank occasionally asks me to declare my resident status. Glad we sorted that out then. Why is that? It's their easiest way of enforcement. It brings the foreign tax payer to them, so no chasing. You already have to provide documents by way of a bank statement/s. Add one more document to the list. Even better for them if you have to pay for the document even if you don't have to pay any tax. Just another little earner for them, either legit or otherwise, like the Certificate of Residence.
  22. Yes, that's right. You have contradicted yourself. This is from your previous post. "Furthermore, for income that is exempt from tax in Thailand according to a Double Tax Treaty (“DTA”) - or if the DTA specifies the other contracting states (foreign countries) that are designated as the tax collectors and Thailand has no authority to collect tax according to the DTA - if such income is brought into Thailand in the case mentioned above, the Revenue Department has not yet issued clear criteria or guidelines to determine whether or not such income is subject to tax according to Section 41, paragraph two of the Revenue Code." See where it says, "Thailand has no authority to collect tax according to the DTA?" You posted it, not me. I have linked the DTA between Australia and Thailand. Can you show me where it says "Thailand has no authority to collect tax according to the DTA?" The one I posted is worded the same. Here's the Australian one from the treasury department. It's also worded the same. https://www.austlii.edu.au/au/other/dfat/treaties/1989/36.html From the treasury department. https://treasury.gov.au/tax-treaties/income-tax-treaties I have read it, have you? Where does it say "Thailand has no authority to collect tax according to the DTA?"
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