
KhunHeineken
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Everything posted by KhunHeineken
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I know, no one suggested that you had to, however, you MAY need to produce a certificate of clearance from the TRD for your extension. Don't confuse paying tax with the possible need for the certificate at extension time. I wonder if you would get the same information from another TRD office. You are in an interesting position. The deadline is 31st March. You will do nothing. Your extension is October 2025. If we start reading that immigration require a certificate of clearance for extensions, what happens if you file after the 31st March, but have no tax to pay? Surely you can't be fined if you have no tax to pay.
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Tax files
KhunHeineken replied to newbee2022's topic in Jobs, Economy, Banking, Business, Investments
I have just posted in another thread that the TRD may not care about assessable, non assessable, pre 2024 savings, DTA's etc. They may ask for a bank statement, calculate the total of annual remittance, deductions for age and marital status, and churn out a figure you have to pay. Don't pay, no extension. A member has already posted this was his experience. -
Tax files
KhunHeineken replied to newbee2022's topic in Jobs, Economy, Banking, Business, Investments
I have said from Day 1, we will all have "something" to pay. They are clearly opening up a new revenue stream, and no free passes for farang. -
Tax files
KhunHeineken replied to newbee2022's topic in Jobs, Economy, Banking, Business, Investments
Yes, you are correct. Some DTA's are "kinder" than others. It's up to the individual to read their own country's DTA with Thailand, but there are quite a few where the source and resident country both have taxing rights. -
It has been discussed here that the Thai's may / will seek to "simplify" this tax policy. I put forward one way they may seek to do it and it is exactly how you describe in your experience. As I have said, assessable, non assessable, pre 2024 savings, DTA's blah blah blah, they will not care. If you refuse, no visa extension. Simple. What TRD office did you go to?
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Given that western pensions go over the threshold, not unlike many taxes all around the world, it seems to effect the people who can least afford it the most. As I have said in the past, "a little out of a little can be a lot for some people." Pensioners may have to adjust their lifestyle, and budget for this tax bill every year, going forward. The high net worth individuals may just pay it, but could vacate for 6 months, depending on their thoughts about this tax, rather than its affordability. It's the people in the middle that will be interesting. They bring in more than a pension, but are not a high net worth individual. Many could be in that "zone" of viewing this tax as a rip off, or, the tax goes a long way towards paying to live 6 months outside Thailand anyway, so why not leave? 2025 is a test year for this. We will have more official and unofficial data on what demographic decided to do what in 2026. Interesting times ahead.
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Yes, that's what I said. Members from various countries have posted their country's pension amounts, and then some pretty common set of circumstances, such as, being married and over 65 years of age, and the result was if there to remit all of their pension on an annual basis, they would have a tax liability.
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That would be "Tim Tams." If you are going to play the role of an undercover Aussie police officer, at least try to get the "lingo" right.
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The part you are clearly unaware of is there has to be a brief of evidence in existence, for which an arrest warrant is issued. I have just posted an simplistic example of a UK male being arrested in Thailand for a murder he committed in the UK. The UK don't sent police to Thailand to do the arrest. I did mention pedo's being arrested in their home country for crimes they have committed in other countries. The Philippines is a popular choice for pedo's. New laws allow for the trial and conviction of an individual in their home country for sex crimes committed against children in another country. Think about that for a moment. The crime was not even committed in the country for which they were arrested, charged, brought before a court, convicted and sentenced. Like I said, the evidence has to be overwhelming, such as a video of him committing the sex act with a child. Jurisdiction dictates who can make the arrest. It's not uncommon in big cases for a home country to send out the officer in charge of the case to brief local police before local police make the arrest. The officer in charge can also be the escorting officer after extradition. If it's federal charges that have been broke, the federal police in the local embassy can be briefed, and they then liaise with a local police task force. This happens a lot with large drug importations. Customs of both countries are also involved. There was a famous case involving Australians in Bali. It's been in the media again recently. Two criminals were executed. The criminals were dubbed "The Bali 9." Police were made aware the group were going to be smuggling drugs, they informed the police in Indonesia / Bali, and they were arrested in Bali, by Indonesian police. Australian Federal Police did not fly to Bali to do surveillance, and make the arrest. It was a somewhat a controversial case because the Australian Federal Police could have kept the intel to themselves, and arrested the group in Australia where there is no death penalty, and prison conditions were not as harsh, but they handed over the intel. This whole thing about police from various countries actively investigating in other countries all around the world is laughable.
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I'll give you a very, very simplistic example. Say someone murders someone in the UK and they know there is no way getting off it. Maybe they got into a fight at their local pub and stabbed to death someone, in full view of many people who knew him. He races home, packs a bag, grabs his passport, and heads straight to the airport and flies to Thailand / Phuket. The UK police investigate the case and identify him soon after as being the murderer. Investigators discover, through immigration records, he has left the country. Bank statements, air tickets, and telephone sim card data reveal he is in Thailand. The UK police arrange for an arrest warrant via Interpol and inform Thai police he may be in Thailand. The Thai police check their TM30's, but also may have some intel from the UK police that he has hit an ATM in Kata Beach Phuket a few times. They will also see he is receiving calls from friends and family in the UK and those calls are going to Phuket Thailand. The Thai police see a TM30 for him at a hotel in Kata Beach Phuket. The Thai police send in some undercover to sit off the hotel to make sure it's him. Satisfied it's him, they can raid his hotel room at 4am, or arrest him in a restaurant / bar, or while sun baking on the beach. He'll be held in custody awaiting extradition. The extradition will be granted. The UK police will send one or two officers over to escort him back to the UK where he will face trail for murder. The above is a very simple example, but the UK police do not send undercover officers to Phuket / Thailand to arrest him.
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Tax files
KhunHeineken replied to newbee2022's topic in Jobs, Economy, Banking, Business, Investments
Yes, the DTA's vary from country to country. From what I have read from American members posting, the USA / Thailand DTA is "kinder" than the DTA's for many other countries. The old aged pension in the Australia / Thailand DTA is not covered. -
Tax files
KhunHeineken replied to newbee2022's topic in Jobs, Economy, Banking, Business, Investments
In relation to the Australia / Thailand DTA, "government service pensions" are covered. One may receive a government service pension for working in the military, for example. The old aged pension, whilst still paid by the government, is not covered by the DTA because receiving it does not involve ever having to perform any "government service." (employment) Many old aged Aussie pensioners are under the belief their pension is covered by the DTA, it's not. -
Tax files
KhunHeineken replied to newbee2022's topic in Jobs, Economy, Banking, Business, Investments
I posted this in another thread, This guy explains it quiet well. Basically, if your home country has say 5% tax and Thailand has say 15% tax, you pay the 5% in your home country and get 5% credit for it in Thailand, so Thailand can only tax you 10%, so the combined total is 15% tax. All a DTA does is stop the same money being taxed twice. Many members wrongly believe that is they pay any tax in their home country, then Thailand doesn't get to tax their money at all. Nothing could be further from the truth. -
No paranoia here. Thailand is an unstable, 3rd World Country. I have always known my stay here could end at any time, through no fault of my own. It's as corrupt as f**k here. That retirement visa / extension is nothing more than a 12 month tourist visa. I already had a Plan B escape even before I started living here full time. Unfortunately, for many who are on more than just a pension, the cost of staying in Thailand appears to be going up, by way of this tax, or, they leave for 6 months of the year. I feel many will be facing a tough decision in the future.
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As you say, This is Thailand, and as I say, they have foreigners by the b*lls here. They don't want you to "know." They want you on a string, like a puppet, so at any time of their choosing, they can make you dance. No problem for me to do 179 days in Thailand, should they seek to screw me. Others are not so lucky to have such freedom of movement, but they made their choice and ill have to live with it. Something I am sure the Thai's will take advantage of.