NoDisplayName

If that was the article in the Examiner, then no, the TRD official never once mentioned foreigners. He was simply advising taxpayers to file taxes if they are required to. Everything else about foreigners and tax changes was added by the "journalist" to spice up the article.

It has everything to do with it. Royal decree can implement CRS, but CRS puts no obligations on individual taxpayers, other than self-reporting their affiliation with other tax residences.

They don't. The taxpayer determines what funds they remitted, whether those forms are assessable. If not assessable, not reported. If under the filing requirement (60K assessable?), no filing required. If over the that threshold, but under TEDA, file listing assessable remittances only, but no tax due. In practice, though, most persons attending a TRD office with assessable income above the filing limit, but with zero tax due, will be told not to file.....unless they want a refund of tax withheld by Thailand.

Which for the taxpayer involves nothing more than identifying themselves as tax resident in other jurisdictions, which gives TRD/BOT notice to include them in the list of potential tax evasion targets they send to each member nation. Nothing to do with individual taxpayers reporting all remittances throughout the year. Same as with FATCA. Taxpayer simply fills out an IRS identification form when opening an account with a financial institution self-declaring their US affiliation. FATCA, as CRS, does not require me to declare all remittances into Thailand on my Thai tax forms.

No documentation needed. When you file online, you list ONLY Thai-sourced income and assessable foreign remittances. You are not even required to upload tax withholding statements from your bank/broker to get a refund, as TRD (apparently) has access to current year tax withholding data. For prior years filed late, TRD (apparently) does not have ready access to this data, so a request is sent for a bank withholding statement. No documentation is needed (not employed in Thailand, so that may be different) unless you're called in for an audit. I've only read of two individuals on this here forum that have been audited, and I believe one was employed here but stopped filing, and the other had a business here.

I did. Filed three returns last year (filed late) and got refunds, and filed 2024 last week, expecting a refund in a couple weeks. Filed in accordance with regulations, not according to misinformation from internet tax grifters. I did not declare any remittances as all were non-assessable. The effective change in the tax law last year, actually just a re-interpretation of existing law, affects me not other than my being more careful to remit only pre-2024 income.

Well, sure, immigration could require a tax return for anyone tax resident during their current extension. It's not likely to happen as immigration doesn't have the manpower or skillset to inspect every applicants worldwide tax records, given that the majority (I assume) of applicants are not required to file a return. TRD hasn't changed the regulations. It's still (mostly) clear as to who is required to file, and I doubt TRD will accept the additional workload upon orders from immigration. Perhaps immigration can dust off the unused tax clearance certificate rules. But anyhoo, I want a citiation for pending legislation introduced and actual legal requirements for any of this. Hub of fearporn.

Show me the law that says I have to submit an SA100 when I file my THAI tax return. If you can do that, I'll show you the box where you declare the number of times taxpayer has flogged a dead horse.

I think this is the part where someone says "citation needed."

You don't understand! Thailand signed CRS! I can show you a tax form from Zimbabwe. That means whatever I want it to mean.

When Thailand have SA106 or equivalent, we use that, m'kay? Today, they no have. Tomorrow, no have. No use Ingritch form.

Dude, we are in Thailand, subject to Thai tax law. Not UK law, not French law, not Micronesian law. Don't care what THEY do. Don't care what THEIR forms contain. We follow Thai law, using Thai forms. The Thai language forms have been issued. The English versions, when they arrive, will not be different. Do you expect the potentially hundreds of thousands of Thai households receiving non-assessable remittances from overseas will have to refile in a week or a month, or perhaps the end of March when new English forms become available? Happen it will not.

All of those may be true, but only if they do NOT declare their non-assessable income. Claiming an exemption per DTA or applying a tax credit is currently UNpossible under the current system with the current forms, including the brand spanking new 2024 Thai forms. If you claim the income, it's assessable, and if above your TEDA is taxable. No way around that other than hiring a professional to sit with you in the tax office, explain the situation, and then having the officer tell you DO NOT DECLARE NON_ASSESSABLE INCOME. Congratulations! You've just spent 25k baht for a professional to do what you could have done at home for free in your underwear.

So you do not know. Thanks.

You know this for a fact? Some pensions not taxable in home countries ARE taxable in Thailand. Deductions and allowances in foreign tax systems are not recognized by Thailand. 0% tax brackets in other countries may not correspond to Thai tax brackets. Income that has passed through other tax systems with zero tax liability may be assessable and taxable by Thailand. Income taxed at lower rates will have tax due here, despite already paying once. I have US$60K in long term capital gains, zero tax due because of IRS 0% LTCG bracket. What's my tax on 2 million baht remitted, and where's my tax credit to offset the $10,000 tax due?

I can't find the US SA100 anywhere on the Thai Revenue Department website. Why is that?

Thai forms have no provision to claim foreign tax credit or DTA benefits, and no way to exempt income that has been declared. Shirley, you aren't suggesting I can file UK tax forms with TRD!

Withholding is done by the financial institution. 'Merkans fill out a W-9 form for citizens to provide their SSN or green carders/resident aliens to give their ITIN, then no tax is withheld, unless you have previous naughty dealings with the IRS. The taxpayer will send in any taxes due next filing season. For non-citizen non-residents, the W8-BEN is used to identify nationality and claim treaty rights under the relevant DTA. Tax is withheld on dividends and interest (15% for Thai filers, 10% for Chinese), but no withholding on capital gains, which are tax-free for this category of filer. For these filers, the financial institution transfers the withheld tax to the treasure, reports to the IRS. These taxpayers are not required to file US tax returns if this is their only US-related income.

Cool beans. Now how about a link to the Thai tax forms covering all types of foreign income, income tax paid abroad and DTA's! Thai language forms will do............

You are in the camp of the misinformed. Unless excluded by the DTA, if a tax resident your income is assessable and taxable by Thailand. If you have paid tax in the US, you can apply for a tax credit. You are expected to know the law and comply. Otherwise, just claim innocence because the Royal Police never sent you a personal certified letter informing you that meth is illegal.

Honestly, never got that feeling. Just the annoyance at having to search all the bins for TM-6 entry cards, or having to wait in the long, long, long lines.

No can. Unpossible online. Forms have no provision to claim, or even reference, tax treaties. Can only be done in person, with the aid of a helpful PAID advisor.

And they would'a gotten away with it if they'd simply chopped off some dude's arm with a machete.

Don't fight it. If we're lucky, Thailand will implement some of China's visa rules, like...... ~No 90 day reporting. ~Rules followed consistently at all offices. ~No re-entry permits needed, unlimited in/out. ~No address re-registration when returning from abroad to same residence. ~Worldwide taxation effective after 6 years uninterrupted tax resident, but clock resets anytime outside China for 30+ days. ~No corruption in the immigration.....oh, we better skip that one!!!!

That legislation hasn't even been written yet. Tax residents only pay tax on assessable income remitted. Would you prefer the US system, paying tax on all worldwide income remitted or not, and annual reporting of all financial accounts worldwide?