Mike Lister

We frequently encounter groups of cyclists on major arterial roads and dual carriage ways, sometimes with a motorbike of car with flashing lights trailing behind, it seems they live everywhere but often chose to ride in groups on dangerous major roads.

You answered No to question 3 above, which is the opposite of what a Thai person can do. Do you now wish to change your previous answer?

I'm just coming back to this for a moment for a couple of reasons. There is a short exchange a little way further back between Lorry, Misty and myself, in it you'll see that there is the start of agreement that there is a difference, despite the law being the same for both, I suggest you read it. What your work was in your previous life, in a different country, doesn't count for anything here, I further suggest you also answer the four questions that I have put forward to see if you fare differently.

Cool! Anyway, you've already agreed with me that foreigners have different capabilities regarding tax and funds transfers and that was the whole point of this, thanks,

How can a foreigner whose only relationship with Thailand is their physical presence, be taxable on funds remitted to Thailand, when they are not present nor resident for tax? Misty: if you keep editing your posts after I've started to respond, we can't play any more! But to answer your question, it doesn't, that's not the point, the point is as I've just replied in this post above. I'm off back to bed, g'night

Yawn, I'm going back to bed, g'night.

See the post above

The new tax law confirms it's true, Thai's are taxed on income that is earned overseas and remitted to Thailand, regardless of the year in which it was earned. Are you getting there on this yet?

You need to change insurance companies. Roojai offers the best terms of any that I have seen on the market, not only are the policy costs lower but the insured values are the highest. I paid 900k for my truck and its insured value is over 1 mill., where they got that price from I've no idea although I did get steep discounts on the new model year..

You answered question 3, If not resident when earned, no. Whereas a Thai person is taxed on world wide income hence the answer is Yes.

Tax residency in the year of remittance absolutely must be relevant, how can it not be, foreigners cannot possibly be taxed on a remittance they made to a country where they are not a neither a national or a tax resident! I can easily understand however why BM might believe it is not relevant for Thai nationals, a Thai person merely being out of the country for a year doesn't mean they escape tax on that remittance, in the same way they don't escape Thai taxation on overseas earnings.

For the last time, answer the four questions.

That's because it is simple fact. A foreigner can sever all ties with Thailand, simply by getting on a plane, a Thai national cannot. It is not that there are two different sets of laws, there aren't, it's just that one group, foreigners, are able to manage things differently. Try answering the four questions I asked earlier and [perhaps you'll realise that.

You haven't answered my questions, too difficult?

I never said that, you are mistaken.

OK, here's a couple of questions: 1) Are foreigners who are not tax resident in Thailand, allowed to remit funds here? 2) If the answer to (1) above is no, why? 3) If the answer to (1) above is yes, is that money potentially taxable, even though the foreigner is not resident or tax resident here? 4) If the answer to (3) is yes, why, how and on what basis?

It's already been said many times, Thai nationals cannot escape tax obligations to Thailand, any funds remitted to Thailand must be assessed for tax, they can't change that. Foreigners can simply go home and that ends the relationship, there is no longer an obligation to file a return or pay any tax in Thailand. Those things are not laws necessarily, they are the reality of being a national versus a foreigner in Thailand. And please, no more sarcasm, if you have a point to make, make it!

It takes time to train new vehicles, Thai's understand this.

"A year in which a person receives offshore income is relevant", The use of the word "receive" is odd, it is neither earned nor remitted so what does it mean? I think it means remitted rather than when the income arose. As for the second part: "Whether that person is a Thai tax resident in a year in which he or she actually brings income into Thailand is not relevant." Once again, a Thai citizen cannot do anything to shed their obligation to Thai tax, because they are a national of Thailand. But foreigners are not nationals and can sever all links with the country easily. In that respect, being tax resident is relevant. If somebody said this was written for Thai's by Thai's in English, that would make sense.

Not without searching, which anyone can do. The fact the RD is now taxing Thai's on over seas earnings when they are remitted, should be adequate proof.

It should be noted that the NCB accrues with the vehicle, not with the driver, bizzare I know but that's the way it is. I had a wicked 50% NCB with my truck for 10 years and never claimed once. When I sold my truck and bought a new one, my insurance went right back up to the full price. When queried about this, the insurance company rep confirmed it's the vehicle, not the driver.

Because Thailand taxes its citizens on worldwide earnings, as does the US and other countries. When that Thai who is living in Switzerland, remits their Swiss earnings back to Thailand, they will be regarded as income that must be reported on a Thai tax return but may or may not be assessable, depending on the terms of the DTA between the two countries.

Once again, the RD has said it is solely the date of remittance that matters, the date the income arose does not.

Because, as said, earlier, GDP has fallen from 2.6% in 1Q23, to 1.6% in 3Q23 whereas lending has increased.

But the Thai RD has clearly stated that the income is taxable, only when it is remitted, not when it arises. If income is remitted by a person who is not tax resident they cannot be taxable. A Thai citizen on the other hand cannot escape being tax resident.