Presnock

ENGLISH is the "official" international language here. No Thai documents were necessary for obtaining the LTR through the BOI. I think that there will be folks that can understand the numbers of those documents that I use from the US government anyway. Only need to recognize a very few words - besides the numbers which are universal.

The main reason that 138 countries signed onto the OECD 2023 agreement was to stop non-filers of taxes on income to any country - Americans have always had to file every year so this was not so much to "catch" Americans but the other folks from different countries. But yeah, I think that there might be some Ameicans here too that will be caught up in this. If your income isn't protected like that in the US DTA then your country didn't write it in any agreement they have with the Thais.

that would be the assessable income remitted to Thailand tax law which began this year. If you have no assessable income then you wouldn't be required to get a Tax ID nor would you have to file the tax forms.

Exactly what I said, evading taxes is illegal and once countries learn that folks are able to do so legally they will use immigration laws to change tax-residency so that those who still pay no income tax anywhere will have to eventually pay too in my opinion...that is what started all this anyway.

Right now, they are waiting for the individual to honor their yearly earnings report but if the RD learns from local banks or CSR reporting about how much you remitted, they might ask you to provide evidence that it is not assessable income. Not sure how this will come about but they sure seem to be looking for every baht from expats possible.

Yes same iwth US govt pensions, we are provided with a 1099R which shows it comes from the OPM, shows annuity yearly, shows taxes with held and probably health insurance. In addition if necessary one can always show the annuity statements provided by the retirement folks at OPM also which shows monthly money paid, taxes paid especially the December/January statement.

Easy to google DTA between your country and Thailand and indicate if you want it in ENGLISH or Thai or whatever language. they are available on line easily and also the THai revenue department has copies of some DTA's also in English

agree it could make things difficult for them to find info on expat tax residents but, immigration can be brought into the equation too and affect one's stay here.

go to the earlier link to thai examiner - they have a write-in poll about complaints of this new scheme for expats to provide their input.

That is why FATCA CSR and the OECD agreement was signed on by 138 countries - where each country agrees to exchange financial data on tax-residents...immigration will eventually fit into the equation too and this all came about due to folks not paying taxes on their income to any country.

Everyone must know by now, the OECD agreement in the summer of 2023 plus FATCA and CRS all came about not only to stop criminal money laundering but also to find those people who pay no taxes on their income to any country. Yes while some folks plan to avoid paying any taxes on their income to any country by moving several times a year, that too is basically ILLEGAL and while one may get away with it for a while, eventually the countries around the world will either determine it is not worth chases these folks or they will amend their tax-resident laws and incorporate immigration into the package for expats. If people had been paying their income taxes then maybe this new law would have been written in a different manner. Just saying from this lifetime tax paying American.

just how would they do that at they have an international agreement with the US (double taxation agreement) and would need to advise the US government 6 months in advance if they were going to cancel the DTA which indicates that Social Security and govt pension is taxable by the US government only unless the recipient is also a Thai native in some cases)

Bar girls are not taxed here because they do NOT EXIST! The govt has said they check regularly and there are none here!

Such is daily life on THIS forum for sure as folks here just seem to want to criticize anyone whenever they read anything whether is is interesting or informative or what. Just like they enjoy blaming the victims of anything here!

Those that have visited the Revenue Dept say that the new tax forms are due out in Nov/Dec timeframe and hopefully we will get better guidance from the RD on whether or not we are forced to get a tax ID and/or fill out forms even if no assessable income (i.e. exempted pensions, LTR exemption). Anyway best of luck to all on this tax.

yeah some of that may be true because as of yet it hasn't happened and when/if it does we have to read the fine print. But, as for how much money we send here, the local banks could be ordered by the government to provide that to the revenue dept. ALso FACTA CRS and whatever else the OECD has as far as reporting goes can be altered to ensure that all people are taxed on their incomes - that is one of the main drivers of the 2023 summer agreement signed by 138 countries around the world. They will continue to fine tune the requirements that they all have agreed to in order to have everyone paying taxes to some government. In addition, jumping from country to country to avoid becoming a tax resident may also be changed as countries will begin to see patterns of people not paying taxes somewhere by doing these jumps before becoming a tax resident there. Yeah many changes could happen but who knows exactly what is going to happen and when? As countries become more and more hungry for tax dollars, they will continue to look at the easiest to control - expats usually fit that bill. Good luck to all.

If you are not in Thailand 180 or more per calendar year you are a tax resident so you wouldn't be taxed on that money.

I don't care whether you buy it or not, just saying that fighting is not an option if at all possible. I am glad I learned it early in life as it has made it eary to avoid any repetitive activity.

not at all...the following day I flew to SEA - began flying daily against commies. But after that, the only fighting I have done is in an actual war - outside of that I avoid getting into those type of situations as like I said earlier one could accidently maim or kill someone without realizing it should only be defensive!

Yeah, I can see a lot of folks will be considering less expenditures here too...and this is most likely happening in many other countries too since the 2023 OECD agreement signing and some countries will see an opportunity most likely to lure some retirees by not taxing pensions at all, only real earned money. We'll see.,.

google the post recent stories - is dated 6 September for the full article. it is only scare mongering if one is against paying taxes. Unless the tax laws are really changed completely, and current visas are changed too on exemption then I am not scared. Since we only get very little information on this subject, instead of quoting the entire article I just advised people where they can access the article and read if for themselves. No dates are given but since they indicate the new law is being drafted...who knows when it will become law even if is written as it has to be approved by the govt.

Yeah back in my military days (ancient history) I studied Korean Karate and even taught for many months. Then I was attacked fm behind me while walking out of a pizza hut - I don't recall the fight at all but it stopped when the managere yelled "stop it". I had just slammed a guy's face with my knee. I also was arrested as the three that attacked me were taken to the hospital for treatment. The police didn't even lock the cell door but asked that I now walk around all the time. Later they brought the three guys who were taken to the hospital - broken jaw, broken noses, amongst the injuries while all i suffered was bloody clothes from their blood. I never did remember what I did other than survive. But, my instructor always told us the best defense was to run away for any threatening situation as fighting was just never the answer. Since I worried after that instance that I could have permanently injured one of those three or all three. But the manager of the pizza hut said that they attacked me from behind as I was walking out of the restaurant so all charges were dropped against me while the three had to pay over 10K USD for damages to property. Just saying.

For all the expats here - today's post has an article about the worldwide income taxation. Supposedly the bill to amend the tax code is being drafted now. some income interpretation still reportedly ongoing. Looks like this will be happening sooner rather than later. But until the bill is approved and published, we will only learn the details at that time. Best of luck to all as we get ready for this year's remittances that are assessable.

Remember, 180 day stay in one calendar year makes one a tax-resident.

I find it amazing that almost every day we continue seeing the same questions - especially about 90-day reports when there is nothing special about them. If you aren't in Thailand when the 90th day rolls around, then the 90-day report will be due 90 days upon return to Thailand!