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Nik23

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    Thailand Tax Identification Number (TIN)

    in Jobs, Economy, Banking, Business, Investments

    Posted

    2 hours ago, skatewash said:

    Yes, you are eligible to get a Thai Tax ID Number (TIN).  In my experience the Thai Revenue Department is quite friendly and willing to help foreigners.  Although not many staff speak English well you will find someone there to help.

    If you have a Thai bank account of any sort on which you earn interest and do not have a Thai TIN it is likely that 15% of that interest is being withheld for tax purposes.  In my opinion the easiest way to get a Thai Tax ID is to wait until the new year and visit your bank with your account passbooks.  Ask the cashier for tax withholding documents for each bank account that had interest withheld.  If they don't understand you can try: เอกสารภาษีหัก ณ ที่จ่าย or aow aik-ga-san hak pa-see nee tee-jai.  If you are still struggling to be understood, just open your passbook and point to an entry that shows tax being withheld and the penny should drop.  Many people will be doing the same thing, asking for their tax withholding documents.

    With these tax withholding documents visit your local Thai Revenue Department (if it's the wrong one they will set you right).  Ask to get a Thai Tax ID or alternatively, หมายเลขประจำตัวผู้เสียภาษี aow mai-lek pra-jam tua-pu-sia pa-see.  They should get what you are trying to do when they see the tax withholding documents.  They will help you with your request and most likely issue you a Thai Tax ID (TIN) on the spot.  Try to get an actual Thai Tax ID card (printed on paper about the size of a credit card because this will prove valuable later when trying to get your refund), rather than just being told the number.

    They will often help you fill out, or more accurately fill out themselves, a Thai Personal Income Tax Return so that you can get your interest withheld back (assuming you are under the income threshold which many in the OP's situation will be).  Sign and submit the return and in a few weeks time you will receive by mail a notice of how to get your tax refund.  Getting your tax refund will often involve taking the letter you receive to a branch of Krung Thai bank (and only this bank).  The entire process at Krung Thai Bank is explained very well here:

    https://www.nationthailand.com/noname/30370085

    You don't have to wait for the new year to get your Thai Tax ID Number.  You can go now.  It might be a little harder to explain what you want without the Tax Withholding documents from your bank but you can still ask for a Thai Tax ID Number as explained above.

    By the way, keep everything.  You use your Thai Tax ID Number card year after year.  Keep your Krung Thai bank e-money card, it's reusable.  Keep a copy of your Thai Personal Income Tax Return (as you'll fill one out the next year just changing the amounts withheld).  You can basically do everything yourself the next year.  The first year is some work.  It's much easier in subsequent years.

    Thank you very much

    Thailand Tax Identification Number (TIN)

    in Jobs, Economy, Banking, Business, Investments

    Posted

    3 hours ago, oznomad said:

    Ummmm. Not quite.

    Any number of days does not make you resident. That's why, here for example, there are 473 different visas and to get one of them often involves jumping through many hoops.

    Otherwise we would all just stay 180 days and be resident.

     

    Your country is NOT going to chase you down and say we dont want your taxes any more, give them to some other country.

     

    Getting a TIN seems to differ depending where you live. In my case it was passport, plus Cert of Residence from Immigration. Nothing too difficult.

    Actually filing a tax return was a different story. An unsuccessful one.

     

    Important point. Having a Thai TIN does NOT make you tax resident in Thailand. The TIN is just an admin thing, albeit one that can be very useful, and possibly negate your need for tax residency here.

    thank you for your answer

    Thailand Tax Identification Number (TIN)

    in Jobs, Economy, Banking, Business, Investments

    Posted

    8 hours ago, LivinLOS said:

    Overseas income (which include many forms of tax deferred pensions) remitted into the kingdom in the year received are taxable earnings. 

    Thailand currently makes no effort to collect this revenue, and in fact lacks the ability to determine what is income and what is savings (hence non taxable) but that is the legal case. 

    This idea that farangs have that live here over 180 days a year that everything is tax free is not correct. Investment income, capital gains, rental incomes, etc etc are all taxable if brought here in the year earned, and thats passive income. Active income is all the stuff someone might do which falls into the work permit and day 1 taxable situations. 

    Thank you for your response. So, according to what you say, if Thailand wants, can tax the montly remittance some people send, in order to maintain retirement status?Also i dont think is correct that e.g. is you send here your rental income  is taxable because you will pay tax for this in your country, thefore you cannot have double taxation.

    Thailand Tax Identification Number (TIN)

    in Jobs, Economy, Banking, Business, Investments

    Posted

    2 hours ago, JimGant said:

    What annual tax reports might those be? Being on a retirement extension means you can't work in Thailand, thus you have no Thai income to report taxes on (except some piddly interest on your savings account, which, yes, a Thai tax ID would allow for its refund, without needing to do an annual tax report). Certainly you're not thinking about declaring your foreign income to Thai tax authorities -- they don't care (as of now) and consider all monies from foreigners brought into the country as fungible money earned in prior years, and thus not subject to Thai taxes. [However, if you're Norwegian, different rules apply, favoring declaring Norwegian earnings to Thai authorities,  But, unless you fit that bill, I won't elaborate.]

    No, i am not Norwegian. Thank you very much for your info.The thing is this: I dont want to declare anything, but it seems to me that i fall between the cracks. I am here about 10 years straight and i am doing tax reports back to my country as if i was leaving there!lol *In many cases i did things as if i was in the country!The law says if you stay more than 180 days in a country you are a resident there, thus, you have to change tax residency.So in the remote case that my country says to me, you dont live here anymore , you must change your  tax residency, i wanted to know if i can do tax reports in thailand.

    Deliver passport from Bangkok to Chiang mai

    in Bangkok

    Posted

    Hi everyone,
    I live in Chiang mai and I want to pick up my new passport from my embassy in Bangkok.

    I cannot go myself because I will have to be self-quarantine 14 days when I return to Chiang mai.They told me from the embassy I can use courier service to make the pick up.

    Do you know any reputable courier service to do this task?

    **I already talk with Kerry Express and it’s not possible for 2 reasons:

    a)They dont guarantee delivery !!!! and

    b)I cannot pay from Chiang mai .I have to do this from their call center and the  embassy has to pay the delivery to Chiang mai and this is not a option.

    I need a reputable service and the option to pay for this from Chiang mai.

    Thanks

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