News team please don’t post further articles from so called tax advisers who are only trying to drum up business. There is nothing new that we don’t already know.
Until we receive an official report from either the RD or government, then maybe many expats will act accordingly.
The confusion remains.
If you’ve done your own calculations of what you know so far and are under the threshold, there is no need to obtain a TIN and file a tax return.
Again, what we already know to date. It’s as simple as that.
I think we can safely say that no new forms will appear online for 2024 tax year and therefore to use the 2023 form filling in the 2024 date, but you still need a TIN which means a visit to your local RD.
Would be so much simpler if an application for a TIN was posted on the English language RD site.
Those will non-assessable income don't declare.
Just my thoughts
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.
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.