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The Cyclist

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Everything posted by The Cyclist

  1. 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.
  2. 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 ?
  3. 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.
  4. 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........
  5. 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 ?
  6. 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 ?
  7. 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.
  8. 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.
  9. 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.
  10. 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.
  11. 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.
  12. Whats the date on that video. Matey, Ive heard it all before, and just do that you are aware, I was previously informed that I did not have to file my Government Pension. 3 weeks ago I was told different by the RD Office. The Head of the RD Legal Department also said differently, in a video posted yesterday. POR 162 also says differently. As does KPMG As does Siam Legal. And here is an Aus specific one for you https://www.austchamthailand.com/new-rule-for-taxation-of-foreign-income-from-1-jan-2024/
  13. You work for the Revenue Department? Or are you talking out the wrong orifice ?
  14. Keep believing that nothing has changed POR 161 / 162 are figments of the imagination. The head of the RD Legal Department is talking out his **** It's all a massive wind up.
  15. Rewatch it. The answer given is still need to file and potentially taxable. * A DTA will make not subject to Thai Tax * Using the Tax Credit system, no tax, or very little tax will be payable. Makes you wonder why they are saying need to file, when they are potentially going to gain very little to nothing in tax revenue. Perhaps, it really is, very little to do with monies raised ( or not ) through tax.
  16. And there we go, the where does it go on the tax form strawman makes an appearance. Perhaps on the form that has not been updated / uploaded yet. As I have said previously, I would not be surprised if PND 91 / 92 do not get updated and a whole new form covering overseas income, taxes paid, DTA's is forthcoming. Something similar to a UK SA 106.
  17. POR 162 says differently. The head of the RD Legal Team says differently. All income earned after 01 jan 2024 and remitted in 2024, is assessable income.
  18. Let me explain something to you The past is gone. 01 Jan is ground zero day, when everything changed.
  19. Yes, I would. The important date is written in 161 / 162 and that important date is 01 Jan 2024. So to take your education a step further POR 161 says Any foreign sourced in brought in from 01 Jan 2024 onwards would be subject to Thai personal Income Tax Por 162 says So savings prior to 01 Jan 2024 would not be subject to Thai personal income tax Everything else, earned from 01 Jan 2024, remitted in 2024, would be subject to Thai personal income tax. And that is where your bank statements, DTA's, Tax Credits, fancy Visa's come into play
  20. What does POR 161 / 162 say ? And why is 01 Jan 2024 stated on them ? Because what happened in the past ( or did not happen ) makes no difference. The important date, as printed in both POR's is 01 Jan 2024.
  21. I am asking you ro explain to me, what you think I do not understand. I believe I understand POR 161 / 162 very well, I do not think you do, which is why I am asking you to point out my misunderstanding. I have a feeling that you just might be struggling.
  22. Really How about all the Americans and their US SS ? How about you and your Canadian Pensions ? I have said my UK Government pension, the UK has exclusive taxation rights. I have also said, that does not exempt me from filing a tax return, as a Thai Tax Resident. This is the part that seems to confuse you.
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