
KhunHeineken
Advanced Member-
Posts
5,766 -
Joined
-
Last visited
Content Type
Events
Forums
Downloads
Quizzes
Gallery
Blogs
Everything posted by KhunHeineken
-
Wow. Check out "The Somchai Shuffle" in Phuket. He got referred to immigration about his possible tax liability. The chaos continues. Note: His friend was told by Phuket Immigration in December he will need tax documents for next year's extension. (2025) This guy documents "The Somchai Shuffle." Obviously, he can not film inside government buildings, but he films outside, and give his account of the meetings that just took place. He also sends in his Thai partner to cross reference the information given to him earlier at immigration. He mentions AN, and the information others have posted. The video is only 4 days old. Interesting times ahead.
-
What do you think the Thai government will do to force you to file? I, and some others, have suggested a certificate from the TRD will be needed at extension time. It's so easy for them to do this. You do know that Thai banks report account details. I can't see you getting a free pass. If they were to give you a free pass, they would have to give us all a free pass.
-
Thailand has thousands of Thai tax residents that are foreigners. The message is they want to tax you. I think this is pretty clear to all. By all means, everyone should try to minimize their tax, but ignore the message at your own peril. Members spreading "messages" like, "It will never happen because they would have to hire 5000 more TRD staff" are simply laughable, yet, some actually believe it. Do they really believe it, or just really need to believe it. Who knows? Times are changing.
-
It's clear TRD staff have not been trained up to deal with a wave of foreigners coming through their doors. Tax is a complex set of laws in every country, including Thailand. I am sure you have used the saying, "This is Thailand" before. Isn't such a term "disrespectful" to Thailand and Thai people? Are you suggesting the several members that have posted about going to their local TRD Office and were simply told, "No need to file" are lying?
-
I have no idea. I know what I heard. It appeared to me he read it word for word, albeit, not the whole Act, of course, or other relevant sections. I posted it because it may be of interest to others. I have posted my strategy. Others will have to navigate their own way through this mine field. I would suggest that many be weary of "The Somchai Shuffle."
-
I posted the video because he read the Thai Law. I wouldn't post a video that had opinion only in it. I don't care what guys on youtube say, or Somchai at the TRD says. I'll be getting an agent to file, and then rest easy. Unfortunately, it appears many are not getting the correct advice from Somchai. If only it was that simple. We could all remit say, 3 million baht for living expenses and just simply say to Somchai, "It's not assessable." Ohhhh, we are all going to need it. There will be twists, turns, tweaks, and back flips. They will make a lot of it up on the fly. Also, this tax policy will evolve. 2025 is just the start. They know they are onto a new revenue stream with this money spinner, and I just can't see it being as easy as saying, "My remittances are non assessable." I have a feeling they are going to want proof of source.
-
I don't know the guy. I don't engage the services of his business. I couldn't care less about comments being turned off or on. He read the Thai Law and it seemed clear to me Thailand tax residents must have a TIN. I think you will find most living here remit more than the threshold. I know I do. The rest of your post is more of "The Somchai Shuffle." Members will have to find their own way around Somchai. I have posted what I will be doing. Good Luck to all in dealing with this tax policy.
-
Strange post. So, you are saying the law exists, but they will do nothing about it, like riding on a sidewalk. Is that correct? It's been a law for decades, so why is the Thai government making it a "thing" now? Surely, it's because they want the money. Yes, I know it's for wealthy Thai's, but foreigners will be collateral damage. A tax resident is a tax resident. I am not worrying about it. I have posted my plan in the past. I will pay this year. An agent will be taking care of everything for me. Of course, I minimized my remittances in 2024, making it up with cash, brought in from other countries. My goal is to get the Certificate of Clearance for as less tax as possible, so nothing can come back to bite me down the track. That's my strategy for the chaos. I will hold off until the 11th hour to file, and keep monitoring the situation, but I will be filing.
-
That's "The Somchai Shuffle." Will you be relying on verbal information from a TRD Officer, of which there is no record of the meeting, no proof you even went to the TRD Office, no name of the officer you spoke to, and no official record of the information he said to you, if / when there's some trouble further down the track?
-
I've posted this youtube video in three other threads. Like most, I read and post on multiple threads, but maybe some don't, so here it is on this thread. He quotes the Thai law from decades ago. It's only a short video, and he is quite direct. Now, a couple of questions for you, "Is he lying?" "Does that law exist?"
-
Posted a youtube video where the guy quotes the decades old law, which specifically sets out all tax residents of Thailand must have a TIN. It's been discussed on this forum, with many in agreement. That's part of the chaos, isn't it? "The Somchai Shuffle" is a TRD officer says, "No need to file. No TIN for you." However, the law states you must have a TIN. Interesting times ahead.