Hello everybody,
I saw a thread that was very interesting but it was locked due to some language violations.
This meeting, between the French ambassy and an expert from the Thai revenue department, were discussing about the new law regarding foreign incomes. As you know, any foreign income brought to Thailand is now taxable under the new rule, whenever year you earn this income.
What is very concerning was about a comment from the Revenue department about the double tax agreement between France and Thailand, and by extrapolation, every country that signed a tax agreement with Thailand.
The revenue department said that the pensions, dividend, profits ect... would (will be) be tax in Thailand, despite beeing already taxed by the first country.
It means that the DTA (Double tax agreement) would be not applicable anymore.
The Thai revenue expert is talking about this at this sequence, in english language, at 56:17 min of the video (just press play and the sequence will start at the right time, in english language)
This is concerning because when you listen what he says, it seems the DTA will not be taken into consideration anymore. Which mean any income already taxed in the source country, "may be" taxed in Thailand too.
Please listen the sequence and share your thoughts
Thanks