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Jeffrey346
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Posts posted by Jeffrey346
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1 minute ago, mikebell said:
10 years ago my then-wife was extorted by a Sattahip cop who threatened to make my next-year's visa 'difficult'. He took 15K from her.
What does that have to do with the new Tax Laws
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Just now, Mike Lister said:
The one big change that has been made is that previously, income earned overseas but imported into Thailand in a different year from which it was earned, was not taxable. Now, that income is taxable, regardless of the year the funds are imported. Whether or not the DTA between the two countries will negate that tax, remains unclear, it appears that in some cases it may not.
You are correct. My wife's opinion is those who are deferring income to the next calander year will pay taxes on those funds brought into Thailand.
Those who are not have nothing to worry about
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3 minutes ago, Mike Lister said:
I think it's too early to confirm that nothing will change, indeed some things almost certainly will. For example, income earned overseas from renting out immovable property, will be taxable in Thailand, when it is imported, subject to DTA rules which will vary from country to country.
What I meant was, if you are not subject to tax now based on your countries agreement with Thailand, you won't have any additional taxes here.
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Just now, mikebell said:
AKA Police.
You are blowing this out of proportion. It's not going to happen
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1 minute ago, Sydebolle said:
It will create a black market to the enjoyment of the Indian money changers who are in permanent need of foreign currency cash for all those crooks evading taxes.
I remember 30+ years ago a survey in either Bangkok Post or The Nation which stated, that among the top 100 income tax payers there are exactly six Thais while the other 94 were alien ........
Do you honestly think that this ratio has substantially changed ever since?Yes, I do think that number is bogus. There are 100's of Thai millionaires.
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5 minutes ago, salavan said:
So it seems like it's definite then!! So how about some details then.
Am I taxed on the money I recive in my own country by Thailand or am I only taxed on the money I bring into Thailand? I have an FCD account is it taxed before I change it up into baht? or only after I change it up into baht?
Let's have some details Mr tax man or are you going to keep it a secret until the last minute.
Thereare no details yet. Plus all tax laws will have exceptions. Everyone here is just speculating. Keep in mind, if your country has a tax agreement with Thailand, nothing will change.
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5 minutes ago, dick turpin said:
Out of interest, what did it actually say in the job
description.......chasing down miscreant farangs..
Sorry, don't know
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5 minutes ago, jerrymahoney said:
So one lawyer for each of 70 provinces: One lawyer for Bangkok and one for Sing Buri?
I didn't say that.. BKK may have 50+. Smaller provinces less
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Just now, worrab said:Just out of interest, where did you find this information?
My wife. She is a lawyer and works for the RD. She applied for this new position.
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5 minutes ago, NorthernRyland said:
So it's not enough you bring your money here and spend it, now the government wants to add an tax which in affect will make every single thing in the country X% more expensive depending on your tax obligation.
The max amount was 35% right? That means if you earned US income and were taxed at 20% you would be responsible for another 15%, thus making Thailand 15% more expensive across the board?
If this really goes through and the number is significant will Thailand even be affordable anymore?
I don't think it works that way. If you pay tax in the US you don't pay tax in Thailand
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1 minute ago, khunpa said:
Even when they do get the details, it’s pretty certain that it will be interpreted differently by each individual and district. So total confusion.I tend to doubt it. That is why the RD is hiring a lawyer for each province.
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5 minutes ago, SGD said:
You are all missing the point.
Currently, Thailand considers income earned over 12 months ago as capital and capital is not taxed.
Thus, if you can earn income tax free at source and then spend income earned 13 months ago, you legally have no tax to pay.
However, if Thailand changes their interpretation of capital or requires income earned anywhere to be taxed in the year it is earned, you would technically have to declare your income and suffer Thai taxation.
In reality, if you are paid into Hong Kong and transfer capital, no-one is ever going to ask you where the money came from because it is none of their business.The new law closes the loop on income earned in 1 year and brought into Thailand the next year.
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To date, RD employees have not been given any details on this new tax law. No use getting bent out of shape at this time..
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2 hours ago, PingRoundTheWorld said:Knowing Thailand, it's very likely to take effect, then be reversed almost immediately when they realize they can't enforce it (not to mention the legal challenges to come). Trying to actually enforce this will result in a mass exodus of expats and huge amounts of money - no one wants to pay extra taxes on money that's already been taxed, nor have to report and prove that it was already taxed. And that's the real question: if and how are they going to enforce it? will all tax residents have to report? As usual big confusion and zero clarity.
They will enforce it. In fact, the Revenue Department is in the process of hiring 70 Lawyers.. One in each province to assure tax collection.
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Like I said, I used Apollo and they were totally rude and when I told them that I'm the customer they banned me..lol
Anyway, the service I have now works well. They do use telegram but they are not rude and have 24/7 live support.. Just an fyi
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On 11/10/2022 at 4:53 PM, genobkk said:
I have been using Apollo group iptv. Works flawlessly Lots of live tv and movies, Great layout as well. It doesn’t do you any good to have 10,000 moves is you can’t find what you want easy. No buffering either.
i thought about trying Plex but I didn’t know any hostI just noticed your post. Sorry for the late reply. I am familiar with Apollo. In fact, I used them myself until the day I told them how rude they are and they banned me.
Their service does work well, but I find the very expensive. I believe they are $20-25/mo could be more by now. The service I have now has more content that I will ever use. The difference is, they answer questions 24/7 and are curious. I rarely experience buffering, but we all know that buffering is usually an ISP issue and not necessarily a provider issue. The current cost for 3 months 2 connections is $30.
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Does anyone know if you need to take that elearning online before going for an appointment?
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Her mother is Thai her father is Swiss. She worked her butt off to get where she is today. You have Movie, Music, TV stars living all over the world. I don't hear anyone saying they should be living in the country they are from.
I congratulate you Lisa and wish you continued success.
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Go 100% online.. The greedy sellers have had their day..
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Just too bad.. Sell the ticket at the set price of B80 and perhaps they would have sold all their tickets.
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A whole 8 days... What a joke
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UPDATE: Yesterday I went to IMM. Handed them my PP. My 1 yr ext was approved.
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USPS First Class International to ship a small box, I believe up to 4 lbs, cost me $41. and it took 9 days
Change in the tax law does target expats living in Thailand and extends reporting obligations
in Thailand News
Posted
Do expect them not to enforce it. The RD will be going after all those who are not paying their taxes. Thai Nationals included.