chiang mai

That advice is wrong, either incomplete, misunderstood or plain and simply wrong and I don't care who gave it.

Yes yes yes, if you are not tax resident and/or if the gift is made overseas, there are ways around the rule, but NOT given the parameters set down by the OP. I really do not understand why, given the number of times this topic has been discussed, why some posters continue to have a circular debate about something that doesn't even pass the sniff test, for which there is no supporting evidence whatsoever. Turning the argument around and asking for evidence that the remitted income gift is taxable on the giver, is unhelpful and nothing more that a diversion and a distraction. As for "rules are rules".....again, nonsense! Understanding only half the rules doesn't make the argument complete or suddenly robust.

Yes, but you can't use that as a way to evade assessment on the income you gifted.

Of course they don't, it's a given that the normal rules of assessable income apply, changing the payee doesn't change that.

I live in Thailand with my wife but earn income overseas which I remit to my wife as a gift to escape tax........What a deal that would be, nobody would need to pay tax any longer, just invest overseas and send the income to your wife as a gift!!!!!

I don't care what is said in another thread, prove it to using the links I supplied earlier, or othe TRD sources.

The op is the one who remits the income, remitting it to a third party doesn't make it suddenly not assessable

Complete distortion and nonsense. The op lives in Thailand with his wife, he remits his pension income to his wife, he cannot escape assessment on that income by gifting it to others. If he is not Thai tax resident, the picture changes, as it does if the gift is made overseas, but not using the parameters he has set on the op.

Yes, if filing separtely.

You used to be able to make ACH transfers from a US retail bank, via BBL NY but that now leads to restrictions here on the receiving end, or so I understand. The point is, customers cannot open an account there, it is not a retail bank.

Musicians, performers, sportsmen/women and entertainers, primarily, their work is such that they enter the country for a short period, perform, get paid and leave.

But it's not a retail bank, you can't open an account there.

Show me where the TRD Code supports your opinion, https://www.rd.go.th/english/38306.html https://sherrings.com/gift-tax-law-in-thailand.html https://www.herrera-partners.com/2024/01/10/on-gift-tax-and-properties-in-thailand/ https://thailand.acclime.com/guides/gift-tax/ https://www.expattaxthailand.com/gift-tax-2024/

No JT, the point is that you, by your own admissions, know nothing about tax, finance or accounting. That being the case and having been so heavily advised yourself in this forum, why are you trying to answer complex tax questions that are so blatantly incorrect.

There is no question that in the case of Gift Tax, anyone should seek expert advice for a Thai CPA or similar, that however is not the point.

The OP may wish to read the pinned guide which has information on this topic. Whilst not necessarily complete it does present a comprehensive view of the issue.

NO! Nowhere is it said in the TRD Code that there is a TEDA for the giver of the gift! The problem with this topic in this forum now is the extent to which other posters try and recite partial knowledge incorrectly, correcting those mistakes take more time than answering new questions..

That I don't follow other members around the site, trolling them? Indeed I am.

You don't understand how things work in Thailand BB, you just don't.

Yes

Cataract surgery is simple procedure that is performed millions of times every day, around the world, frequently in less than ideal conditions. It is a procedure that requires knowledge and skill but the difference in outcome between the top rated Opthamologist and a mid ranking Opthamologist, will be almost not existent. And, most Thai people don't pay 35k or 45k or 80k baht per eye for the procedure, they have it done at low cost, by the Opthamologist who offers it to foreigners at 25k baht....think about it.

I think the fact the TRD lady didn't challenge or query whether your income was really exempt and was quite happy to write the total amount in the exempt income box, says it all really. TRD, not unsurprisingly, wants to have sight of income that is remitted, even though it may be exempt. It only makes sense that they would since it squares the circle and allows them to give a tick and pass to any remittances they see in your name, knowing you have declared them......that is, declared them as in announced them, even though they are are not taxable. Ask yourself, if you were TRD, what would you want to see. If I was them I would want full disclosure and to see total remittances, regardless of their assessability, because it closes all the loops on that person

This is a Chiang Mai thread in the Chiang Mai forum where members are seeking information on cataract surgery in Chiang Mai!

Do you have a bank account in Thailand?

Chiang Mai members are thrilled for you!