Jump to content

matta01

Member
  • Posts

    17
  • Joined

  • Last visited

Posts posted by matta01

  1.  

     

    Quote

    Can everyone say what are their three biggest/top three issues in the don't know/unclear category, please?

     

     

    a. The time:
         In Thailand, the declaration must be made in the first quarter of the year. The figures (such as how much tax people have paid on their income in their home country) are only available in the third quarter.

    b. The documents:
    Which documents must be presented and will be accepted as proof that one has already paid tax in one's home country? What if they are only available in the third quarter?

    c. If you transfer money to Thailand, to your Thai wife's account in Thailand (you are not required to have a bank account) is this money considered a gift?

     

    • Thanks 1
  2. Quote

    This is the bit people should be worried about, people seem to think Dual Tax treaties exist so an individual can CHOOSE which rules to follow.

    This is not true for example a Belgian ( European country ) citizen can not choose. You have to pay taxes in the country where you have your income

  3. “Starting January 1st, 2024, a Thai tax resident who brings foreign-earned income into Thailand must pay Thailand income tax.”

     

    For me, it is very clear that they're asking for tax on the money you bring into Thailand. That means if you have 500.000 income and you bring only 250.000 into Thailand then they count from 250.000 and not from 500.000

     

    If you have tax in your home country on your income and there is an agreement you can look at what the possibilities are, normally you pay only a one-time tax on your income. I have read your text however, the individual interpretation of certain segments might differ from person to person. Such as bringing in money periodically into Thailand as income (pension)or on the total amount of pension money.

    Sorry for my Englisch but I try to my best

     

    • Like 1
  4. You do not pay for the visa, you pay for the extension. (there is a little difference)

    In almost all of the postings you read here, it states that Thailand asks for tax on your income but that is not the case. It is that they ask for tax on the money you bring into Thailand. The procedure therefore is for the moment unknown. What we do know is that there is a difference between a pensioner who has his monthly pension in a Thai bank account and a pensioner who brings money periodically into Thailand. Everything else is speculation for the moment.

    • Like 1
    • Thumbs Up 1
×
×
  • Create New...