chiang mai

Yes, the 180 days is cumulative in any given calendar year. Six months in , six months out, would work.

I recall from previous year posts about visa's and living costs that a fairly large number of members were having their overseas pensions remitted directly to Thailand each month, they needed the money to qualify for their visa and also to live on. Even today, my pensions are remitted directly to Thailand as they have been for many years. I don't do it that way for any reason other than it's convenient and most years I don't have to pay any tax. I recall others saying that convenience was the biggest reason it meant not having to worry about exchange rates and trying to time them. A lot of expats got burned by exchange rates from 2010 onwards, they were used to seeing 60 and 70 to the Pound and all of sudden it ended up in the 50's. Thereafter, many said screw it, just send it to me every month so I don't have to worry about it.

"I see no ships".

You have said it is obvious they do not, where is your proof? If you tell me it's your opinion, that's fine, just like my statement is my opinion. But if you want to make a meal out of it and push to be seen as totally correct, prove it.

First things first. If you are tax resident, you must determine the amount of assessable income you will have this year, that is money that is potentially taxable that you've mostly bro8ight in from overseas. As a rough guide, if you're over 65, chances are that you'll have close to 500k in deductions and allowances, before Thai tax is due. If you then factor in your car loan payment, that will tell you whether the money is taxable and must be declared. If the car loan repayment does take you into taxable income territory, you might consider gifting the money to your wife. The funds would need to be documented as a gift and the money sent directly to her, from overseas. You must not benefit from the gift, in any way. Gift tax is not straight forward so a little reading wont hurt. https://www.pwc.com/th/en/tax/assets/thai-tax/thai-tax-booklet-2024-25.pdf

I agree, such people should be challenged by posting inconvertible proof/links/evidence that their opinion is incorrect and setting out the true answers. In the meantime, those that can't can just keep posting their emoji's, if that's all they got!

The problem is that it has started but you don't seem to understand that. What hasn't started yet is the tax on world wide income or the negative income tax proposals, they are not still being discussed. But the rule change regarding remittances was put into effect last October using Por 161 and became effective on 1 January this year, the first day of the new tax year.

If you are not tax resident in Thailand (180 days per tax year or more) you do not have to file a tax return and the money is not assessable to Thai tax. If you are tax resident here, you could perhaps gift the money to your wife.

I don't really care what you think on this point, you must do as you think is best. https://www.pwc.com/th/en/tax/assets/thai-tax/thai-tax-booklet-2023-24.pdf

Technically, the requirement is to file a return, as long as you are tax resident and you have more than 60k in assessable income. Technically, if you don't, you can be subject to a fine....technically. So the issue is not strictly owning money, it's about filing or not filing, in that context, Carden is more right than wrong.

And there's nothing wrong with me stating that I believe larger numbers of foreigners file tax returns than many members think, because I have seen them doing so. That doesn't make them retarded or anyone who thinks that an idiot. Now please, go and bait somebody else.

Yet again, overly argumentative on a point that cannot be readily proven and where expressed views are only opinions, supported by anecdotal evidence. My evidence is as previously stated, yours appears to be emotion and a strong desire for everyone to believe the same things you believe. Give it a rest.

You don't quit with the insults, do you, is it completely beyond your capabilities to enter into discourse in a civil manner!

Assessable income that is remitted to Thailand from overseas, is still income. In some previous years I have paid tax on income I have remitted to Thailand, as well as income derived from within Thailand. Income is not just defined as wages or salary, look at Categories 1 thru 8 of income types, in the Revenue Code.

It has been widely acknowledged the TRD has done a poor job of communicating with the regions on this issue, that should not come as any great surprise in Thailand where the same things happen with Immigration and banks.

Gosh, we were wrong all along, let's all take our unnecessary TIN's back and demand a refund! And let's make sure to tell all the accountancy forms such as Price Waterhouse that they were wrong too, and all the foreign embassies and the TRD themselves...I just can't imagine why they bothered putting out all those pointless announcements, when they weren't even needed! Keep digging YT, you're constructing a fine hole to get buried in! FYI https://www.rd.go.th/english/6045.html

To which the answer is, yes, as long as you are Thai tax resident and you have assessable income over 60k Baht per year.

Assuming you exceed the assessable income threshold of 60k in remitted income, and you are Thai tax resident: Technically, yes, customarily and anecdotally, no.

Nonsense, there is no such requirement.

You use harsher and more emotive words than I would chose to describe these things. I think a probable future scenarios looks like this: Not everyone decides to file when technically they should have, this may include pensioners (like me) and others on low incomes. One year or ten years down the road, the need to provide a copy of your Thai tax return emerges, either for Immigration and visa renewal purposes or because the TRD subjected you to a random audit, perhaps because you made a one time large funds transfer, for whatever reason. Or perhaps your overseas/home government wants to see it, for whatever reason. The big problem in my world is ignoring all of this and then trying to play catch up later, along with all that may entail. Chasing documents and proof that is years old, trying to remember what you did when and why, penalties for having not abided by the rules which are suddenly being enforced more rigorously than in previous years. I don't know about others but I don't want that in my retirement years.

Thailand would not know anything, unless you tell them, that said, your bank sees all incoming funds transfers and these are reported to the Central Bank. You might tell them because you decide to file a tax return and declare your assessable income. OR, you might tell them because you don't file a tax return and one day they decide to ask you why you haven't and you need to explain things. I personally would wish to avoid the latter at all costs, because several years down the road, that could get messy, having to gather records and prove my case.

The TRD is not going to ask the IRS for your 1040, it's down to you to provide it, if it is even needed at all. The Dual Tax Agreements are fairly clear as to who has primary taxation rights over which income, that is the main purpose of a DTA.

Your anecdotal evidence that only a few foreigners file tax returns in Thailand is based on the fact only a few AN members have admitted to doing so and I am one of them. You are misguided if you think that the AN membership includes a majority of foreigners in Thailand or is truly representative of them. My anecdotal evidence is fueled by my annual visits to the TRD office to file a return, a journey that you appear not to make, and the sight of other foreigners doing exactly as I was doing. So no, it is not self evident that only a few foreigners file Thai taxes, which is far far far from beyond reasonable doubt, especially since so many foreigners rely on their monthly pension income, to qualify for their long stay visa, using the income method..

Er no, I'm not saying that at all. Expats are required to hold between 400k and 800k per year in a bank account, in order to qualify for a visa. The amount is indicative of the cost to live here for a year and by all accounts isn't too far off the mark. That means, each expat earns/spend between 400k/800k per year to live in Thailand, I know I spend in that range and many others do also. So whereas the average Thai income is only around 15k per month or 180k per year, the average foreigner on long stay has annual income of between 400k/800k.....I'm guessing when I say I think the average is closer to 800k. Ergo, foreigners have income, on average, at least three times as much as the average Thai. and this is well above the tax filing threshold, even after TEDA (deductions/allowances) is taken into account.

Hmmm, you appear to not understand how the tax system works! 2024, this year, is the tax year. During this year, tax payer income and revenue is measured which is then reported, NEXT year during first quarter. Please feel free to ask questions, if this is too confusing.