
KhunHeineken
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Tax files
KhunHeineken replied to newbee2022's topic in Jobs, Economy, Banking, Business, Investments
The problem seems to be in the words "government service pension" in DTA's. In many countries, my country, Australia, included, the government pays an old aged pension. It's known as a welfare payment in Australia, and a benefits payment in the UK. Many members are of the belief that because the "government" pays it, it's covered in the DTA. It's not, but many refuse to accept this. These members are of the belief they do not have to file because their "government pension" is covered in a DTA. If asked, did you EVER work in the public service in your country, they answer "no" but still argue their aged pension is covered by a DTA. They will be in for a shock. -
Tax files
KhunHeineken replied to newbee2022's topic in Jobs, Economy, Banking, Business, Investments
Correct. So, you are basically saying it;'s either exempt in Thailand, or Thailand can tax it IF Thailand's rate is higher. The DTA "myth" is, if it's taxed in my home country, then Thailand doesn't get to tax it at all. That's incorrect. -
Banks are corporations. The TRD is a government department. The way the agents take care of the bank document couldn't be done that way with the TRD. However, as I have said in the past, the Certificate of Clearance could end up being like the Certificate of Residence. We all pay a flat fee of say 1000 baht to the TRD, NO RECEIPT, so you know where the money goes, right? We give it to immigration and we are good for the extension. For high net worth individuals, they might pull out the rule book. Time will tell how all this unfolds.
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How so? Serious question. It's the easiest and cheapest and quickest method to ensure compliance. It makes foreigners go to the TRD Office. Once again, people ask "why would they" but not ask "why wouldn't they?" Can you post your reasoning for why you think they will not go down this route, this year, or in the future?
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Tax files
KhunHeineken replied to newbee2022's topic in Jobs, Economy, Banking, Business, Investments
I know, I know. It's just soooooooo many expats see the word "pension" in the DTA, and ignore the words "government service" and think that because their government gives them an old aged pension, which is welfare, it's therefore a "government pension" so covered in the DTA. They totally disregard the word "service." -
Out of their jurisdiction. They would need to set up a joint task force. They can be present at the raid / arrest, but it has to be done by Thai police. If the crime happened in Thailand, they are charged and brought before a court in Thailand. If the crime happened in Australia, they are extradited and charged and brought before a court in Australia.
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Headline No. 3 "Two Australian Federal Police arrested in Pattaya now admit to not being Australian Federal Police."
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Tax files
KhunHeineken replied to newbee2022's topic in Jobs, Economy, Banking, Business, Investments
What are you basing this on? Do you have a link? -
I understand. I stayed for 2024, minimized my remittances, brought a wad of cash back from the Singapore F1, and also had a friend bring in a wad of cash for me from my home country as well. I'll instruct a tax agent / accountant to file and declare at the 11th hour in March and see what happens. If I have to pay an amount of tax that I think is fair, I'll repeat the same in 2026. If I have to pay an amount of tax I think is a rip off, I'm off to Vietnam for the second half of 2025. I'm giving the Thai's a chance. Perhaps, silly me, but they will only get me once.
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Immigration Officer: "Do you have certificate from TRD?" Expat: "No." Immigration Officer: "Must have certificate from TRD to make extension. You go TRD first." Expat: "Ok." All it would take is the order to come down from Bangkok, and another document would be needed at extension time. A lot easy to implement than tourist tax. No real "communication" needed between the departments. Just tell one department a certificate is now needed from the other department. As I have said, they have expats by the b*lls and they know it. No real "ifs and buts" about it. It's a no brainer for the Thai government. The certificate from the TRD will be like the bank document. I would be interested to know how you propose to get around the above?
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As I posted before, and another member also. Immigration Officer: "Do you have certificate from the TRD?" Expat: "No." Immigration Officer: "Can not do extension without certificate from TRD. You go see TRD first." Expat: "Ok." Yes, rocket science, computer data bases, and some magic. Just another document needed at extension time. No bank document, no extension. No TRD certificate, no extension. Same Same. The order comes down from Bangkok, and that's it. It would be so simple for them to do it that I will be very surprised if it does not go that way at some stage this year, or in the future.
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Tax files
KhunHeineken replied to newbee2022's topic in Jobs, Economy, Banking, Business, Investments
Don't confuse a "Government Service Pension" with an old aged pension. The government service pension is covered by the DTA, the old aged pension is not. -
Tomorrow's headline, "Two Australian Federal Police Officers arrested in Pattaya for working without a work permit."