KhunHeineken

That is basically how it works. Many members seem to think DTA's stop their money being taxed in two countries. This is incorrect. DTA's simply stop the same money being taxed twice. I posted this on another thread. I'll post it again on this thread for your benefit. He explains it quite well.

DTA's ensure no double taxation, however, DTA's simply allow the taxation to be shared, and not exempted. One particular member believes not. Tax or no tax the following year, the Chinese and Russian will keep the Thai property market afloat. He may be right, but in my opinion, anyone doing their due diligence would hold off to see how this tax unfolds, and a I gave an example in another thread of the exact demographic who should not be rushing in. Another member said the Chinese and Russians simply want / need to get their money out of their country, and I accept that, but I also mentioned if they are "parking" that money in Thai property, then it's creating a "bubble." I have never trusted any government here. That's why I have nothing here I can leave behind in a matter of hours and head straight to the airport. This is by design. They can do anything, at anytime, and foreigners have no rights. That retirement visa / extension is nothing more than a 1 year tourist visa.

Many pensioners here would have to budget for that. That 20,500 baht would have to come out of their lifestyle.

You are not a resident of Thailand for tax purposes, so no consequences at all for you. Feel free to stay another 9 days if you like, but not another 10 days.

It's now January 2025.

Perhaps those that have financial and emotional ties in Thailand. A member posted earlier on another thread that he will not leave his Thai family for 6 months of the year. I guess some people will just have to pay.

Maybe the Thai's are just happy to have tourism, rather than be colonized, because that's pretty much what expats have done, colonized Thailand, from north to south, and east to west.

They very well might have just enough in place come extension time in 2025 to ensure you pay "something" and that "something" may not necessarily be tax.

If it comes to that, will you sign a false declaration? The stakes get raised once you go down that path.

Interesting.

Thai's have a birthright to live in Thailand, you do not. That means the Thai government says "jump" and you ask "how high?" Make of that what you will, but if they want your money, and you refuse to pay, you are out.

Perhaps you can "gift" one of the kids a car, and they let you drive it, if you know what I mean.

Yes, but he'll tell you he ploughs money into the Thai economy, and how the Thai government would never get rid of him because they would lose too much money.

And they are all smart enough to know that "my girl is different." It's pure genius.

You have 432 posts on this thread, nearly more than double the member with the second highest post count. It's the same for the other tax threads also. In all of the threads you tell members about the tax they will have to pay, yet claim I post about "the sky is falling." Really????

The Wild West (Cambodia) is way behind the times, and they don't seem to go for the jugular like Thailand does with foreigners.

Why not set up a bank account in a neighboring country that you like? You go there for a small holiday every now and then. Go to the bank. Withdraw a sum on money the day before you come back to Thailand. Declare the money. Throw it in the safe and live of it for a while. ATM withdraws for the offshore bank helps as well. Just remit as less as possible. Why not spend the 111,000 baht on holidays, rather than giving it to the Thai government for NOTHING. It's not tax avoidance. It's tax minimization. Some may argue this, but TIT, so the chances of any problems is near zero. Did the same when in Singapore for the F1. Brought back a chunk of money.

Yes. Best visit now, before there is an insurrection.

Wars raging all around the world, and Mr. Drill Baby Drill soon to take power. Pretty obvious, isn't it?

Happy New Year.

What new links? There have been no links. I bump a thread asking has anyone upgraded to Windows 11 recently, but more specifically late November / early December, and if so, did they sill get the 12-2025 Cumulative Update? Simple question really. It was then followed by trolling because it's too unbearable to think Microsoft will discover and patch out the work arounds, retrospectively, which they have already done for some methods. How long before they get around to the Rufus method? I was just wondering if they were already there.

It depends what "magic" AKA "tea money" an agent or accountant can pay to make a bigger tax liability disappear. Right? Then, it becomes financially beneficial to pay the agent / accountant. As I have said, numerous times, the TRD may just want their snouts in the trough in the same way immigration have had them in the trough for decades, and let's not forget, the money goes all the way to the top. So, create a new revenue stream, taxing foreigners on remittances, then offer them a "black" way out of paying the full price, no receipt of course, they get their Tax Clearance Certificate for their extension, and the Thai's are happy. The foreigners less so, but still better than one paying their actual tax liability. Cha-Ching.

I agree, and whilst many think it's just for the big fish, the laws do not, and can not discriminate, so the little fish are caught in the same net also. True. There are also countries making it harder and harder to still claim to be a resident for tax purposes, to availe themselves of tax free thresholds and exemptions. It's been the source of much debate in the Australia forum where the government has proposed changes to tax residency laws that are similar to Thailand, and that is 183 days inside Australia, you are a tax resident, but outside of Australia for 183 days, you will be deemed a non tax resident, and the tax rates on non residents starts at 30% from $0 to $135,000, no tax free threshold, and no exemptions. Pensions are deemed an income, pensions are taxable, there is no exemption for the aged pension, there is no means testing in the proposed changes, and the aged pension is not covered by the DTA, and the Aussie expat is in Thailand full time, so over 183 days. Put all that together and it doesn't look good. Time will tell how that unfolds, but I completely agree, the noose is tightening, even for the little fish, whether that be resident or non resident for tax purposes.

That's because no one has posted a link showing it. Perhaps you can. I mean, it would be great to know what Microsoft are going to do in the future.

Are those prices just to obtain a Tax ID and to file, or those prices including making any tax liability you may have disappear as well? Serious question.