chiang mai

Por 162 is very clear that any income earned before 31 December 2023 is not taxable.

Give it a rest! Nobody here is making money from giving their opinions on tax, the video is quite clearly aimed at those people who are and who are in business for that purpose. You also have to ask yourself, if "visa "agents" are allowed to go around charging high fees so that people can have dodgy visa's, and they don't get arrested, people on social networking who are trying to help others certainly wont.

Perhaps if you were to outline your situation here, others will comment and give you an idea?

I didn't say all, I said many people. I also have worked for various employers around the world and whilst my employer or their agent nearly always managed my tax affairs, in the first instance, I was always assigned a TIN equivalent because that's the only was my taxes could be paid in that country. In some cases I stayed on in those countries and filed my own returns, using the numbers issued when I first arrived. If you've been paid in a foreign country and have had local tax deducted, you will have a TIN equivalent although you may not know what it is.

I don't think that's correct, many people have TIN's for a number of countries they do business in, have investments in etc etc I have TIN equivalents from three countries, including Thailand, it's nothing more than a form of identification.

Yes, I had forgotten about that particular charlatan, the one who said everyone needs a tax ID. "Is getting off your arse once a year to file a tax return, pay no tax, really being impacted ?" This is the key issue for many people, I agree, do we follow the rules precisely, the way they are written or will somebody from TRD stand up and tell us exactly what they want us to do......frustrating. As said, in the absence of anyone standing up and telling us, I'm going to err on the side of caution, what others decide to do is their decision.

That's the first I've read where it's said that even PIT is unclear, I can only presume they refer to the reinterpretation mentioned in Por161. It was always a possibility that the reinterpretation could be revisited and revert back to the way things were but it makes zero sense to do that hence I consider that has a very small chance of reversion. Other aspects of PIT however might change, I agree with that.

I was reviewing my own taxes and getting ready for January when I realised there's a small but important naming issue. We all have TEDA, (Tax Exemptions, Deductions and Allowances) plus the first 150k of income is zero rated for tax. BUT, that first 150k is NOT a part of TEDA, it is a separate zero rated tax band. I think it's important to understand the difference when you're talking to TRD staff. If you say you have 500k in TEDA they may look at you and think that's odd and start to ask questions. I for example have 380k in TEDA, plus 150k of zero tax rated income, making a total of 530k. My 60k Personal Allowance is part of my TEDA, as is my 100k expenses for pension income, my 190k for over age 65 years and my 30% of rental income expense. But the 150k of zero rated income is not part of TEDA, it's a tax band.

Take note of the picture RW, that's what happens when you don't file your tax return.

The smaller and deeper the stones, the less risk of weed growth, larger stones allow light to reach the soil. Also, if you place pots on the ground, inevitably, soil from them transfers into the stones so best to use a soaking tray under the pot. One of my neighbours has used small granite chips which makes for a very dense layer and is easy to walk on....there are no weeds.

Sensible, it would just alienate all the rural poor.

What's been dropped?

Its at the hospitals discretion, whether or not to charge different rates to different groups of people. Most hospitals in tourist areas do, most others do not. My local government hospital doesn't surcharge me, neither did the University Hospital the previous poster mentioned.

That appears to be the tax ID of the fund.

UOB has a savings account called V-Care that pays a decent rate of interest (easy access). As a bonus, account holders are provided with accident insurance to the value of 20x the balance in the account. My wife and I have an either/or account with a 1 million baht balance, that gives us accident insurance to the value of 20 mill. each (or 70% of that amount, because I'm over 70)

Exactly

OECD tax trivia for the region and globally, some interesting stats. https://www.oecd.org/content/dam/oecd/en/topics/policy-sub-issues/global-tax-revenues/revenue-statistics-asia-and-pacific-thailand.pdf

Bloomberg today but reproduced via Yahoo Finance: https://finance.yahoo.com/news/german-carmaker-porsche-planning-build-091026484.html Condos Costing Up to $40 Million in Bangkok Porsche and Aman are targeting wealthy buyers by building upmarket condos in Thailand’s capital.

Conjecture, supposition, guesswork and popular myth, nothing more. I suggest that the truly wealthy pay tax because they can afford to. There is ample evidence that wealthy people and very wealthy people pay their share of tax or at least pay large amounts.

I think the issue is affordability. The wealthy can afford any increase in VAT, the poor cannot. No Revenue department would knowingly increase income tax on the poorest in society yet this is effectively what is being proposed. If anything, the move should be towards increasing taxes on the most wealthy, something that many countries are actively considering.

Exports to the US total USD 48.5 bill., total exports to the West circa USD 80 bill. Total exports to the rest of the world USD 312 -80 or 75% Thailand Exports By Country Value Year United States $48.48B 2023 China $34.17B 2023 Japan $24.59B 2023 Australia $12.21B 2023 Malaysia $11.97B 2023 Vietnam $11.22B 2023 Hong Kong $11.10B 2023 Singapore $10.24B 2023 India $10.12B 2023 Indonesia $10.09B 2023 Philippines $7.98B 2023 Cambodia $6.45B 2023 South Korea $6.07B 2023 Netherlands $5.84B 2023 Laos $4.64B 2023 Germany $4.56B 2023 Myanmar $4.41B 2023 United Kingdom $4.08B 2023 Switzerland $4.04B 2023 Mexico $3.70B 2023 South Africa $3.53B 2023 United Arab Emirates $3.31B 2023 Saudi Arabia $2.73B 2023 Italy $2.10B 2023 France $1.98B 2023 Canada $1.90B 2023 Brazil $1.82B 2023 Belgium $1.67B 2023 Turkey $1.54B 2023 Argentina $1.54B 2023 New Zealand $1.41B 2023 Bangladesh $1.14B 2023 Iraq $901.35M 2023 Spain $867.57M 2023 Pakistan $854.41M 2023 Russia $820.83M 2023 Czech Republic $787.48M 2023 Israel $784.06M 2023 Egypt $667.91M 2023 Poland $596.97M 2023 Sweden $527.65M 2023 Hungary $517.53M 2023 Ireland $496.83M 2023 Chile $477.18M 2023 Kuwait $452.83M 2023 Oman $443.55M 2023 Denmark $361.20M 2023 Norway $343.52M 2023 Qatar $327.48M 2023 Peru $296.84M 2023 Sri Lanka $290.87M 2023 Romania $276.49M 2023 Ecuador $265.34M 2023 Libya $260.64M 2023 Senegal $238.03M 2023 Austria $225.26M 2023 Yemen $225.25M 2023 Portugal $215.73M 2023 Slovakia $212.76M 2023 Colombia $204.56M 2023 Jordan $204.30M 2023 Nigeria $201.68M 2023 Guatemala $196.92M 2023 Kenya $194.05M 2023 Mozambique $181.87M 2023 Papua New Guinea $177.98M 2023 Panama $175.11M 2023 Bahrain $168.14M 2023 Ivory Coast $161.53M 2023 Tanzania $157.77M 2023 Lebanon $150.81M 2023 Honduras $149.12M 2023 Finland $143.20M 2023 Greece $138.31M 2023 Iran $135.09M 2023 Costa Rica $132.92M 2023 Cameroon $130.66M 2023 Slovenia $119.58M 2023 Dominican Republic $113.18M 2023 Ghana $112.74M 2023 Bulgaria $111.33M 2023 Trinidad And Tobago $111.05M 2023 Morocco $107.09M 2023 Algeria $104.01M 2023 Angola $102.88M 2023 Lithuania $98.26M 2023 Brunei $97.68M 2023 Uzbekistan $96.80M 2023 El Salvador $92.56M 2023 Jamaica $92.02M 2023 Maldives $85.26M 2023 Tunisia $84.86M 2023 Mauritius $80.31M 2023 Kazakhstan $76.14M 2023 Fiji $75.61M 2023 Benin $74.44M 2023 Georgia $57.62M 2023 Togo $54.86M 2023 Zimbabwe $53.48M 2023 Nicaragua $51.03M 2023 Macau $49.50M 2023 New Caledonia $47.93M 2023 Nepal $45.89M 2023 Congo $45.60M 2023 Ukraine $41.71M 2023 Namibia $40.60M 2023 East Timor $39.68M 2023 Bolivia $39.14M 2023 Ethiopia $38.01M 2023 Serbia $37.47M 2023 Suriname $34.17M 2023 Paraguay $34.13M 2023 Cyprus $34.11M 2023 Estonia $33.59M 2023 Uruguay $33.54M 2023 French Polynesia $29.70M 2023 Uganda $29.35M 2023 Latvia $27.82M 2023 Guyana $26.61M 2023 Venezuela $26.57M 2023 Syria $26.43M 2023 Seychelles $26.38M 2023 Republic of the Congo $26.17M 2023 Malta $25.18M 2023 Marshall Islands $24.62M 2023 Madagascar $24.02M 2023 Croatia $24.01M 2023 Djibouti $23.76M 2023 Armenia $23.74M 2023 Sudan $23.05M 2023 Barbados $22.36M 2023 Gabon $21.93M 2023 Somalia $21.37M 2023 Mongolia $21.14M 2023 Guinea $20.46M 2023 Mali $20.13M 2023 Bhutan $18.71M 2023 Macedonia $18.60M 2023 Vanuatu $17.25M 2023 Solomon Islands $15.12M 2023 Belarus $14.10M 2023 Bosnia And Herzegovina $13.18M 2023 Azerbaijan $12.68M 2023 Mauritania $11.72M 2023 Zambia $11.10M 2023 Samoa $11.01M 2023 Afghanistan $10.54M 2023 Gambia $10.53M 2023 Burkina Faso $9.84M 2023 Sierra Leone $9.21M 2023 Antigua and Barbuda $9.05M 2023 Albania $8.86M 2023 Aruba $8.58M 2023 Bahamas $8.37M 2023 Equatorial Guinea $8.29M 2023 Luxembourg $8.03M 2023 Cayman Islands $7.73M 2023 Liberia $7.32M 2023 South Sudan $7.26M 2023 Iceland $6.92M 2023 Cape Verde $6.50M 2023 Chad $6.07M 2023 Malawi $5.84M 2023 Grenada $5.84M 2023 Kiribati $5.67M 2023 Niger $5.15M 2023 Kyrgyzstan $4.87M 2023 Cuba $4.15M 2023 Haiti $4.00M 2023 Dominica $3.91M 2023 St Kitts and Nevis $3.82M 2023 Turkmenistan $3.24M 2023 Tajikistan $3.12M 2023 Bermuda $2.88M 2023 Palestine $2.76M 2023 Tonga $2.71M 2023 Rwanda $2.42M 2023 Montenegro $2.41M 2023 Botswana $1.88M 2023 Palau $1.84M 2023 Northern Mariana Islands $1.80M 2023 Central African Republic $1.79M 2023 Burundi $1.69M 2023 Belize $1.65M 2023 Lesotho $1.55M 2023 Guinea Bissau $1.18M 2023 Moldova $1.07M 2023 St Vincent and the Grenadines $1.04M 2023 Comoros $738.49K 2023 Swaziland $661.61K 2023 Greenland $487.86K 2023 Sao Tome And Principe $273.29K 2023 Andorra $272.27K 2023 Eritrea $221.12K 2023 San Marino $66.52K 2023 Faroe Islands $30.90K 2023 North Korea $1.38K 2023 Guam $7.95M 2021 American Samoa $1.98M 2021 Mayotte $14.65M 2013 Netherlands Antilles $12.29M 2010 https://tradingeconomics.com/thailand/exports-by-country

Numerically that is correct, practically speaking it's not especially relevant. Thailand is not reliant on the West and certainly not on the US for its export markets, 75% are in the Far East and Asia. Each of the individual markets increase and decrease their share in response to national or global economic events, the latter being far more dangerous because is causes losses on many markets simultaneously. Any losses in one market are more reductions rather than losses and take time to take effect, it is almost impossible to think those losses would affect all of Thailand's exports to that country since many such as foodstuffs are critical to individual nations, just as essential components are critical to the importing nations own economy.

Except increasing VAT increases the debt load on the poor and unfairly benefits the wealthy who can more easily afford it. And in case you missed it, Thailand's population comprises mostly poor people who don't earn enough money to even file a tax return. So no, it is not a great equalizer, it is very one sided,

You forgot the 150k tax free band, that means you have no tax to pay.

Indeed, and the remaining third or so, file returns but neither pay tax nor receive a refund.