chiang mai

TRD has always told me that they don't want to know about exempt income when filing a return. Despite that, I told them anyway so they just ignored it.

Because dems da rules.....as Appletons says....and as I've been trying to tell everyone for the past six months but people like Jim Gant says that's not sensible!

Perhaps useful to post this here: The Difference Between PND. 90 and PND. 91? PND. 90 is the Personal Income Tax Return form for both foreign nationals and Thai citizens who have assessable income under Sections 40(1) to (8) from multiple sources or a single source. Everyone must file this form by March 31 of every year. PND. 91 on the other hand, is the Personal Income Tax Return form for both foreign nationals and Thai citizens who have assessable income under Section 40(1) from employment only. Everyone must file this form by March 31 of every year, just like PND. 90 https://lawyer-vwork.com/en/what-are-pnd-90-91-how-important-to-foreigners/

Which is why there's so many American s here, I suppose they have to live somewhere.

So aggressive, chill dude, there's no rule says only Thai resident can post.

You move, I like it here

Its getting to be that time! I'm torn between Drs Voraporn and Preyanuch at Sriphat. Anyone?

Brit, here full time for the past 20 years, 10 years part time before that. Happy as a pig in sheet.

Agreed

I have a folder that contains paper copies of every foreign transfer I've made to Thailand, over 20 years worth of them.....according to UOB, they are still valid to prove the source of funds and can still be used to repatriate funds.

I'm guessing that now the holidays are over, TRD offices should be business as usual and that anyone should be able to walk in and get a paper copy of the PND90 tax form, right? I haven't seen an online copy of PND90 available for download, which is slightly ominous. In the back of my mind I'm wondering if they are going to try and steer everyone to the online system, crazy I know but not impossible.

Jim is absolutely correct, perhaps you should get outside the farang ghetto's and the tourist zones!

Yes, between 30% and 40% of the time, frequently on big ticket items such as house interior/garden upgrades.

Whatever you inherit, becomes part of your estate and is subject to IHT when you pass on.

Yes, you and I agree.

No, because inheritance is free of Thai tax, for descendents and ascendants of the deceased..

Hmmm! Inheritance is free of tax on the heirs. What if the deceased persons estate comprises income from inheritance or from a Gift, that income is not taxable and after time is difficult to prove. All my instinct tells me the Executor can remit the proceeds of the will without hinderance.

There is no facility within the TRD Code that allows a TEDA for the gifter, nor is it implied there is one. Gifts made overseas are not Thai assessable, ditto gifts made whilst not Thai tax resident, ditto non assessable funds, but that's about it. To suggest the contrary is misleading and incorrect.

Are you 100% certain about this because it doesn't seem right?

Why would they not honor it? You say you did this before but they wouldn't send it, have you died previously? 🙂

Your Thai Will must go through Probate Court, the lawyer or Executor that is used for that purpose will be able to make the disbursements.

I don't know what current practise is, I've had my TIN for over a decade. Perhaps others can advise?

Different posters have reported differently on this, it may depend on the office you apply to.

No that is not correct. There is no deductible or allowance in the TRD Code for the giver of the gift, only for the recipient. If the funds that are remitted to your wife are assessable, you must declare them in the normal way.

Of course it is, but it is still part of the risk tolerance picture