BE88

I don't agree, if I have a bank account in my country and the certainty that all taxes have been paid, only if you have an undeclared account in some tax haven it is very likely that you have not paid taxes. But generally for people with a normal standard of living the question doesn't even arise.

In principle, savings are not taxable in the West, while interest and dividends are taxable in every country. Now it will be your tax declaration if you are resident in Thailand which will indicate to the taxman which part is taxable and the big question that remains is whether the government will also tax your savings that you transfer to Thailand and which you will indicate that it is instead your savings? And how could you prove that it is only a saving from previous years and not a profit????

Interesting question that you ask and I ask it in different terms, is a pension income a profit or a savings? The answer in our civilized countries is no. The pension is a savings and for this reason it is not taxed in our countries of origin because the contribution we have made in our years of work was a savings set aside to be received when one enters retirement and therefore I repeat the pension is a savings not a earnings and should not be taxed in Thailand. If the Thailand government wants to tax it, it is an abuse.

From what I understand in the usual fog of declarations with what the Thai authorities want to declare and what they do NOT want to say is that: All expats who reside in Thailand for more than 180 days per year have become tax residents from 1 January 2024 and therefore everyone will have to complete the declaration to the Thai tax authorities and if you do not believe you are double taxed you could declare it with proof, if you are not taxed because in your country of origin because you do not have a tax declaration that proves it, you would pay the taxes to the Thai tax authorities

It's impossible for it to work because the tax or immigration authorities will ask you "What income or earnings do you live on?"

In other words I would be taxed on the amount you import into Thailand and it will be up to you to prove that it has already been taxed in your country of origin so as not to be taxed in Thailand, so all this when you go to ask for an extension of your visa. Good luck with this.

In short, I haven't understood anything yet.

Okay, I'll wait next year

Same but as a tourist under 180 days.

Could it be that Nixon didn't withdraw the convertibility $ of gold because there was no more gold to sell? ""No public debt of any nation will be repaid. ""This has never happened in history, it always ends very badly.

TAT will be happy next year with the increase in tourists.

Why ? You have land in Ukraine or action company ?

It's just environmental madness where crazy people are running rampant

And to check that you haven't escaped from Thailand even all 90 days

I'm sorry I misinterpreted your comment. But now those in government have to hurry before their proverbial phlema because they have to find money for the famous 10,000 B. and therefore in three months the new law will come into force which will be explained better by perhaps the beginning of 2025

I don't know how you calculate for 300,000 Expats per 1 million in taxes, I think those who have such high earnings are a small minority.But I suppose those in government think like winning the lottery, the higher the number you put the more chance you have of winning.

Thank you TAT

Simply power struggles, who cares

Nooooooo, why do you think so bad Farang.

Sad news RIP Kwasaki

I wish you good luck

Thank you for the information about this experience that many of us here believe will come. It's a sword of Damocles that I want to avoid

It would be interesting to know how many millions he paid for his royal pardon and preferential treatment as a prisoner.

Thanks but I have another idea

I am in a position to say it and do it, this is how I intend to be free. Who cares about the Thai government?