The Cyclist

No worries for me. It will be a PND 91, 2 pages of the UK DTA and copies of my P60's. It will then be up to the RD Office to do as they please. Something else you have difficulty in grasping, I couldn't care less, whatever route the RD Office wants to go down.

No its not the case, with the exception of possibly some UK pensioners that are surviving only a State Pension. Which oddly enough, is assessable income, but probably falls below the level where tax becomes payable. The other oddity with the UK State Pension ( In the majority of cases ) is that it not taxable in the UK, so there is no tax credit available.

And that is where we disagree. Section 40 ( 1 ) says Pensions are assessable income. Assessable does not mean taxable. You seem to have a severe issue grasping that point.

Getting a TIN is nothing to do with POR 161.

That hypothetical billionaire could have old bank accounts like me, that do not pay any interest.

No idea Thai DL? Bank statement with your name and address ? Phone / Internet bill with your name and address ? Failing that, you can get a copy of your divorce papers sent from the UK, for a fee of about £25 plus postage.

Not a law that states " Pensioners " I think the Law states something like " Aquire a TIN within 30 days of having assessable income " Section 41 of the Revenue code applies. Which then directs you to Section 40 for the 8 Categories of " Assessable income. As this leaflet explains https://www.rd.go.th/fileadmin/user_upload/lorkhor/newspr/2024/FOREIGNERS_PAY_TAX2024.pdf

Just a guess on my part. The Revenue Code in Thai Language is the " Master Copy and bible " English translations are for information only and in any dispute resolution, the Thai language copy will be the final arbiter. Just like Thai Courts, only Thai language is used. So, I doubt very much that we will ever get a Revenue Official making statements in the English Language. Play safe, tax resident and remit income from 01 Jan 2024, try to file and be guided by your local tax office. Whats the worst that can happen ? You might have to pay a few baht in tax, if you are unlucky. Better than getting dragged over the coals at a later date.

Correct, You as an Individual ( Even an American Individual ) remitting money into a CRS Country on the other hand, is a different story.

950 Sub Postmasters will identify why official Court Records are a pile of crap. That is the 950 that have just been pardoned and are awaiting compensation. All the people involved in the tainted blood scandal will tell you why official records are a pile of crap. The 10's of 1000's involved in the rape gangs scandals will also tell you how official records are a pile of crap. You have never been in the UK, have you ?

It is not a major story in Thai news circles, because it does not affect the vast majority of Thai's. It only affects Thai's that remit income into Thailand from overseas. Given that the vast majority of Thais affected are rich, super rich and Politicians, it makes you wonder why Thailand enacted it, in the 1st place. * There will be some Thais outside those 3 that are contracting elsewhere in the World.

At the neck, preferably

New video from Benjamin I agree with Benjamin, that Thailand might be better having another look, and it would probably be in Thailands best interest to withdraw from anything OECD. Where I disagree with Mr Hart, Trump withdrawing from the OECD's Global Minimum Taxation, will make any difference to American retiree expats ( Unless they also happen to run a Multinational Company ) OECD's Global Minimum Taxation covers Multinational Companies, not retiree, tax residents of Thailand.

Yes, it seems pretty clear to me. If you are going to remit a large amount of money, remit it in a year you deliberately make yourself a non Resident for tax purposes of Thailand.

Could you elucidate on what Laws were broken by the Farmers, who went through the due process for such events, by registering it with the Police ?

I know, it was not aimed at you.

Which is why I am thinking exempt from taxation. Not exempt from tax filing. Somebody is pretty vexxed that they might have to file a tax return. Whereas I couldn't care less, paperwork complete, ready to go when either an updated form arrives or taking myself to the Revenue Office.

I don't care what is called, I asked a question about your LTR. Do you file a PND 95 and why would you think others should not also file. Your attitude just does not make sense, unless of course........

And as I asked you yesterday, what exempt income was he talking about. My money is on the exempt income listed here https://www.rd.go.th/english/37749.html Or do you have something concrete that says he was talking about something else ?

I'm making things up. I am posting things that are black and white, not my words, so I cannot be making anything up. What does the 1st part of this latest video say ? https://www.youtube.com/watch?v=mGvznkNy398 Does it not say, if you are a tax resident, earn income in 2024 remit it into Thailand in 2024, it is assessable income ? Am I hearing things ? Am I making it up ? For someone who supposedly on an LTR Visa, you appear to be rather vexxed, for something that should not really concern you. Do you file a PND 95 for your fancy visa ? Why would you be arguing that others on a lesser visa have no need to file anything ? Do you think that makes sense ?

POR 161 / 162 appears to eliminate individuals evaluating what is assessable income Quite clear ? Good. What is assessable income ? Thai taxpayer includes anyone who is a Thai Tax Resident. It tells you, Assessable income is any income that falls into Section 40 ( 1 ) to 40 ( 8 ) of the Revenue Code. Now we all know that not all income is taxable, which is why we have But all these people are all wrong, and you are correct.

Income earned and remitted in 2024 is assessable income. Argue your point with the Head of the RD Legal Department. I would say " Not taxable " due to DTA, just like some pensions are taxable but subject to tax credits.

Sure, just like the Head of the RD Legal Department was also mistaken in the video yesterday. I Must listen to @oldcpu and ignore people who actually work for the Revenue Department.

Why do you keep having to repeat this ? I have already told you, I am awaiting updated tax Form. If it does not appear by the 28 Feb, I will go at the start of March, with all my paperwork, my trusty interuptor, and the Revenue Office can file for me, or tell me to go away. Either way, I couldn't care less.

Yesterday Watch the 1st 10 minutes. Tax Resident - Check Earn and remit income in 2024 - Check It is assessable income for tax purposes. Head of the RD Legal Department.