J Branche

It is Easy to hire a Slick Advertising company to put together a Promotion Video showing interests the city wants to promote and market it to foreigners. ALL the whining Negativity from the people on Aseannow will NOT slow tourism into Pattaya/Jomtien. If it is Such a problem to You what happened when You went to City Hall and spoke with a City Official? Chinese, Indians, Russia, Europeans, and others ALL visit, some buy Condos, some setup businesses in Pattaya/Jomtien. The tourist who are coming to drink, looking for a friend for short or long time are usually visiting a certain area of Pattaya/Jomtien. Families with kids visit another area. We all seem to coexist in Harmony. It is up to the Tourist NOT US if, when, and where they Go and what Activities they enjoy.

In a Popular Mostly Thai Pattaya Bar/Resturant I can confirm The Employee is made to pay an unpaid bill the customer does not pay. Girlfriends son was working for only 10 days and went to get some food for another table he said it took only about 3 minutes. Only about 400 baht but that is what he earned for working in one night. This Same Popular Bar/Resturant All the employees were scheduled to work this week. Manager notified All employees Monday when scheduled to Work, they will be Renovating the place and they are Closed for 5 days. Unfortunately it seems some Thai Businesses should improve on How they view and treat their employees. The employees are a key part of the success of your business and there is little benefit in treating them poorly.

Double Post, Please Delete only this post

Misinformation, Please provide Any information to support Thais will Not pay Foreign Sourced Income Tax. Reference https://rd.go.th/21/page-1/ Thai Revenue Department Official website Many Documents ONLY in Thai Language about Taxes, Foreign Sourced Assessable Income Tax

Why? Provide references for your statement. US Tax Agreement PDF page 23 pensions and social security may only be taxed by USA. All tax residents are allowed similar Thai Revenue Tax deductions and Exemptions. So These people Will spend all the time to pack up and move But not 1 hour to read, understand or consult with a professional? Develop your strategy. Use Every Legal deduction, Exemption, law and order that any reasonable and capable person would use. Start NOW, keeping proof, documentation, of the Source of this Assessable Foreign Sourced Income if it will be Remitted into Thailand. Maybe these people need pictures to better understand Google Thailand Revenue Department. Taxes Foreigners_Pay_2024.pdf Relax and go back to Enjoy this Great Country of Thailand

My opinion send the documents to Notary for the state your bank branch resides. Do an online meeting and identity verification. Have them verify the documents. The official digital statement, a web print out from the online account may be necessary. The contact information for your local bank branch. Present all documents to requesting Thai Authorized Agency. Inform them US Banks operate differently and if further verification is Required the contact info and hours of operation of your bank are on the document. Please do Not be Rude, or Angry with these Thai Representatives We Are All learning how Foreigners Paying Taxes process is going to work. Remember Thai's place living in Harmony highly.

Do you have documentation to Prove this is Foreign Income that was Earned and Assessable prior to January 1, 2024? Verify with Attorney or Thai Tax Professional but https://www.rd.go.th/21/page-2.html click on 21 November 2023 And Google. thai revenue department FOREIGNERS_PAY_TAX2024.pdf Are from the Thai Revenue Department website and current and published "Official"

Stop confusing people and spreading misinformation. The information has been available since September 2023, Thai Revenue Department is the Official Tax Authority in Thailand rd.go.th Go here https://www.rd.go.th/21/page-2.html click on 21 November 2023 document also know as Order P. 162/2023 signed by the Director General of the Thai Revenue Department (This document was posted in Thai Only) Google Translate will translate PDF to many different languages Additional Reference Google. thai revenue department FOREIGNERS_PAY_TAX2024.pdf US Tax Treaty Reference PDF Page 23 US Tax Agreement PDF Page 23 ARTICLE 20 Pensions and Social Security Payments 1. Subject to the provisions of paragraph 2 of Article 21 (Government Service), pensions and other similar remuneration paid to a resident of a Contracting State in consideration of past employment shall be taxable only in that State. 2. Notwithstanding the provisions of paragraph 1, social security benefits and other similar public pensions paid by a Contracting State to a resident of the other Contracting State or a citizen of the United States shall be taxable only in the first-mentioned State. If THIS information from Official sources is Not Accurate, Please share the email from the Thai Revenue Department stating otherwise.

6 PAGES Of Random Useless Chatter Thai Revenue Department is the Official Tax Authority in Thailand rd.go.th Go here https://www.rd.go.th/21/page-2.html click on 21 November 2023 document titled "Questions - Answers about paying personal income tax according to Section 41, paragraph two, of the Revenue Code" "The provisions of paragraph one shall not apply to assessable income arising before the date 1 January 2024" Also known as Order P.162 /2023 signed by Director General of the Revenue Department Supporting documentation in English, Google. thai revenue department FOREIGNERS_PAY_TAX2024.pdf Dual Tax Agreements and Treaties The US and other Tax Agreements are Still Enforce and should be complied with. US Tax Agreement PDF Page 23 ARTICLE 20 Pensions and Social Security Payments 1. Subject to the provisions of paragraph 2 of Article 21 (Government Service), pensions and other similar remuneration paid to a resident of a Contracting State in consideration of past employment shall be taxable only in that State. 2. Notwithstanding the provisions of paragraph 1, social security benefits and other similar public pensions paid by a Contracting State to a resident of the other Contracting State or a citizen of the United States shall be taxable only in the first-mentioned State. If THIS information from Official sources is Not Accurate, Please share the email from the Thai Revenue Department stating otherwise. Took me 20 minutes to find this information on Official Websites. Tax Agreements are still Enforced. Thai Revenue Department is the Official Tax Authority in THAILAND

Yes, and put you on the Next Plane Back to your country. Your lack of knowledge, understanding and compassion Are Not Acceptable in Thailand, Please do us all a favor and Leave. Thai Landlord demonstrated some of the qualities the rest of Us who live in Harmony in Thailand support and Love.

From my Research CPTL (Compulsory Third Party Loss) is Required by law on Every vehicle registered in Thailand. Beware this provides low limit insurance for Bodily Injury, Death. No coverage for Property or Vehicle Damage unless that has been Added to that vehicles insurance. The Loss Damage Waiver Insurance is very common. This protects against property damage, and Theft. As of this writing according to Budget and Sixt website they include LDW insurance in the rental price.

Not Enough information provided. Some Foreign Credit Cards provide Rental Insurance for Free If you purchase some Comprehensive Travel Insurance it may include Rental Car Insurance. (Check policy) You need to take Excellent Video of before pickup and after Rental car return to prove condition. My experience was in Portugal were daily rate was equivalent to $10 a day, Insurance was $5 a day. Guy accepts return and gives me receipt. I ask if he is going to inspect car, "No, You bought Insurance which will fix any damage" You do Not need to buy Rental insurance from Rental Company they should accept Any Thai Rental Company insurance if you found much lower rate.

This mentality/behavior will take years to change. Thank You Thailand for at least starting the changes and listening to people/society. My very basic understanding is that this was more acceptable in the past. As mentioned and proven in Video some take it Way to Far. Police = provide help/assistance act with knowledge and understanding to resolve issues fairly. A motionless person is not a Threat or Danger to Anyone. Hope media will report on this case from courts until verdict. We can All do better to help less experienced and knowledgeable people to understand and resolve issues without Physical Conflict.

I would first advise to create an expense list to understand what and total spent per month, track for at least 6 months. Next review all income after taxes. Are you spending more than you earn? Do you have excess money that can be better invested? Find the best, high quality, most consistent performing ETFs, step into them if the current market is trending up. Step= invest 20% or similar amount and add more when the Investment is providing positive returns. A lot of great investment resources but only rely on high quality info and resources NOT someone on YouTube

Thank You for contributing so others are better informed and aware of what to expect when visiting Cambodia.

Eddie stop spreading False Misinformation or you will be Reported. This is an order from the Thai Revenue Department available for Anyone to review. Eddie, If you are going to continue to live in Thailand you must know where to find reliable, credible information. Additionally you must know what resources are available to help answer your questions. (Thai Revenue Department Website https://rd.go.th/landing.html (Chrome Browser ability to Translate Thai to English) Your Citizen Country and Thailand Dual Tax Treaty if created. Thai Expat Companies (Tax and Legal) with experience and posting videos to assist with understanding the changes and how it will impact Foreign Source Income for 2024. Your Citizenship Embassy additionally offers guidance and assitance on where to locate information and resources in Thailand.

Always check and verify recipients name. That little bit of time will save you hours of time and added expense to recover the money. Thank You for the detailed story. I am sure it will help all of us better understand the process if this happens to someone. The lady in Receipt of the money Clearly committed a crime. The family was notified, the Police report created, the date and time of the withdrawal and the Receiver had no relationship, refused communications, and knows the money was Not hers. Not a Gift

You live in Thailand. Thai culture and customs. They don't accept foreign credit card, No problem, pay with Cash, Bank App. No a big deal for Thai People, This is what living in Harmony and Thailand is about

Also Reference Thailand Revenue Department Order No. P.162/2023 issued 21 November 2023 “The provisions of paragraph one Section 41 shall not apply to assessable income arising before the date 1 January 2024.” NOT TAX ADVICE, I interpret this as keep Clear, Documentation of Source (Pension, Social Security, Wages, Investment), Proof that this was assessable before 1 Janurary 2024 and the Balance showing the amount assessable Before and After 1 Jan 2024 so there will be little confusion. No unjustified taxes. Also reference YouTube Channel Expat Tax Thailand I believe he answers a lot of the common questions Additional Be Aware that the Same Deductions and Exemptions are allowed and applied to Foreign Sourced Income Remitted to Thailand unless otherwise specified. Single Person 60,000 baht deduction, actual policy cost not more than 25,000 Baht for Health/Medical Insurance Policy from THAI Business. I have Pacific Cross or (Pacific Cross Health Insurance PCL) office Bangkok since they are licensed, registered and have office in Thailand they should qualify. Wages receive a deduction, Check on percentage. After all these the first 150,000 baht Remitted is 0 Zero tax. So effectively the first 210,000 Baht is remitted 0 Zero Tax.

So you live in Thailand and STILL do Not understand Thai Culture. Living in Harmony ranks very highly in Thai Society. I'm sorry for your struggles with payment but this is THAILAND. Things are different, the systems are different, the processes are different, the fees are different, the taxes are different. We all here could tell stories of our struggles with transitioning and understanding Thai Customs and Culture. You chose to let it make you angry or laugh in amusement. Thank You for contributing so others understand to ALWAYS have a backup payment method available.

Eddie, Why Did You Post. This is a forum to contribute, help and share information. Please reference Thai Revenue Department Order No. P.162/2023 issued 21 November 2023 “The provisions of paragraph one Section 41 shall not apply to assessable income arising before the date 1 January 2024.” My Interpretation Any Foreign Assessable income that you can document and prove was Assessable and Earned prior to 1 January 2024. Pay 0 Zero Tax when Remitted to Thailand.

So the Title should be I do Not want to disclose my foreign earned income situation and No one from Thai Revenue Department has Personally visited me and explained how the Thai Tax policy will impact you? There is some good information surfacing recently. Youtube search Q&A Thailand Personal Income Tax on Foreign Sourced Income From Expat Tax Thailand I believe provided a lot of useful information

My advice as a Real Estate Investor and Landlord is Do Not Buy 1st. Rent a similar unit in the building. Any thing you like or dislike about this Condo will become clear only when living in building. The transfer tax is paid each time condo sells so unless you have plenty of money and okay with possibility of renting out condo, Rent First. Additionally if you are going to be in Thailand long time, Do not be in a rush to Rent or Buy. Low Season may offer more availability.

Was this money you earned before or after Jan 1, 2024. Can you prove this money was foreign sourced and earned prior to Jan 1, 2024? https://www.rd.go.th/fileadmin/user_upload/lorkhor/newspr/2024/FOREIGNERS_PAY_TAX2024.pdf Reference PDF Page 2 and Chart PDF Page 3. Or Google thailand revenue department foreign-sourced income tax 2nd listing down The way Interpret this clear statement is foreign sourced income earned Prior to Jan 1, 2024 is 0 No tax.

The possible difficulties or challenges I foresee is. Taxis lost revenue and their ability to influence Decision Makers. The timelines and completion finish dates are very ambitious. The cost, where will money come from and is there the ability to add another 30% or more to that price when the contractor complains. The train bids will change. The tourists may decide to go elsewhere because of traffic congestion and time wasted going somewhere so tourist dollars funding project could decline.