anchadian

Oops.....deleted post

And yes all those Russian, Chinese and others will have a choice of either completing PND.90/91 forms in the English or Thai language.

You have now:

Thank you NDN

i've done quite well over the 2024 tax year investing in mutual funds through my Thai bank but wasn't sure if I should include that in my tax return. I now understand that capital gains within Thailand is tax exempt. Is this correct or should I hold off 'till we get more clarification? This from KPMG website: 2.10 Taxation of investment income and capital gains Are investment income and capital gains taxed in Thailand? If so, how? Most types of capital gains are taxable as ordinary income. Capital gains from the sale of shares in a company listed on the Stock Exchange of Thailand (if the sale is made through a licensed broker) or from the sale of investment units in a mutual fund are exempt from tax.

For those of you that like throwing their money away: About an hour ago.

And this particular office you should record the conversation as a back up. Just in case.

The latest from Benjamin Hart. About an hour ago.

Yes, it's those posters that cannot face the truth

Possibly a Thai bank statement which includes your address or a utility bill would suffice but as CM stated, it all depends on that particular RD office.

Revenue Department urges tax residents in Thailand to file 2024 returns by March 31. Expats with over 180 days in Thailand must submit returns for income remitted in 2024. New tax rules require filing electronically, with possible refunds for early submissions. The Director-General of the Revenue Department on Thursday called on taxpayers to file their end-of-year returns for 2024. This will be the first year that all foreign residents in Thailand are included. Changes to tax regulations in 2023 make all income remitted to Thailand by foreign residents in the country for over 180 days last year declarable. The income tax payable by each foreigner depends on the nature of such income and the tax treaty with their country of origin. The question now is how many foreign taxpayers will file returns between now and March 31st. After that, it remains to be seen if follow-up actions will be taken against those who fail to do so. A Thai Examiner survey in 2024 showed that 16% of people plan to take professional advice, while a full 58% would not file a return at all. https://www.thaiexaminer.com/thai-news-foreigners/2025/01/03/revenue-department-boss-calls-on-tax-residents-in-thailand-to-file-2024-runs-by-the-march-31st-deadline/

My case is similar to yours, you'll have no tax to pay.

Prime Minister Paetongtarn Shinawatra and her spouse have assets totaling 13.99 billion baht, with liabilities of 4.44 billion baht. Her own assets are worth 13.84 billion baht, which include: - Cash: 7.27 million baht - Deposits: 1.08 billion baht - Investments: 11.01 billion baht - Loans: 15.24 million baht - Land: 724.92 million baht - Buildings: 168.62 million baht - Vehicles: 66.77 million baht - Concessions: 358.79 million baht - Other assets: 415.64 million baht Other notable assets include 75 watches worth 162 million baht, 217 bags valued over 76.65 million baht, 69 bracelets worth 28.56 million baht, and 67 necklaces valued at 35.68 million baht. She also owns 75 gold bars worth 3 million baht, 9 Bearbrick figurines valued at 1.9 million baht, 108 rings worth 31.77 million baht, 205 pairs of earrings worth 49.33 million baht, and 167 outfits valued at 26.75 million baht. Her spouse, Pitak Suksawat, has assets totaling 147.12 million baht, which include: - Cash: 4.44 million baht - Deposits: 4.9 million baht - Investments: 14.1 million baht - Loans: 12.77 million baht - Land: 12.2 million baht - Buildings: 8.27 million baht - Rights: 1.14 million baht - Other assets: 69.3 million baht His other assets include 39 watches worth 69 million baht and 2 rings valued at 0.3 million baht. https://x.com/ThaiEnquirer/status/1875024026495754448

Oops, I've just checked and yes you are correct I have always thought that it was a Singaporean bank with branches in Thailand.

Yes, UOB have a branch here but it's not a Thai bank.

Links please to back up your statement

Not looking good for both the US Dollar or Pound sterling.

How many more similar reports will we hear about this. Nothing will happen and we all know it.

Your GF just need to watch a youtube CPR training video.

Concur. I'm in exactly the same situation as yourself. workplace and state pension, minus exemptions and deductions, I too will have no tax to pay. With the possible state of confusion and lack of English language speakers at the RD, I Hope to be applying for a TIN and filing a tax return in the new year.

i believe the RD will be extremely busy from 02 January. I wonder how many Thai/Eng translators they've taken on board.

You didn't mention this in your initial post ', so anything I bring in has already had substantial tax paid in Australia' which now puts a different light on your foreign income although I believe that obtaining a TIN is a must, whether or not you file a tax return. We'll have to wait and see what transpires.

Shouldn't that have read 'I have no intention getting a TIN, and will not do so until I'm dragged off to the county jail'.

What the article doesn't mention is that the cop pointed the gun at a security guard https://x.com/ThaiEnquirer/status/1868953227947126950