Dear tax expats and experts
i live in thailand with “retirement visa”, here i have no wife, no business, no work, no money in thai bank that produces interest. I do nothing in thailand that produces money and i will stay single forever.
i only have my savings in europe (and in few years a little pension), so every month i transfer what s needed to pay bills overhere.
Per year my remittances to thailand are over the threshold of 120.000 baht
with this new thai tax in mind, does anyone can point me to to where i should be looking the answers to the following questions:
-will i need to apply for a thai TIN by december 2024?
-will i need to file a tax return by march 2025?
-will i pay taxes on this remittances?
-how much would i be expected to pay?
Thank you all for contributions