
The Cyclist
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Well, there you go You have identified an anomaly As posted above the Thai RD says the most beneficial rate to the taxpayer. You might think that RD Officials would perhaps go by what is written in their code, as they probably do not know the minutiae of some 60 DTA's But yet again. People will only get a definitive answer by rocking up their local RD Office and attempting to gain a TIN ( and if they get past that stage ) actually filing a tax return.
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Do you understand the quote above ? Especially the " Elimination of Double Taxation " Probably a few ways that " Elimination of Double Taxation " can take place. Thailand has the discretion to adopt which method it adopts. For example. 1. Applying the most beneficial tax rate to the taxpayer. 2. Using the tax credit and refund system 3. Ignoring " Assessable Income " for tax purposes, if that income has already been taxed. I have read the UK - Thai DTC, the only article that really interests me is Article 19 ( 2 ) ( a ) For every other Article, where it says might, could or possibly be taxed in Thailand. Does not mean that it will be taxed in Thailand, especially if it has already been taxed in the UK. See the 3 points above. And a person is not going to get a definitive answer on that, until they rock up at their RD Office, complete with all paperwork and the RD Office gives them a definitive answer. You appear to have totally misunderstood the purpose of this slight tweak Which was to close a loophole where people were avoiding paying tax. It is not to hammer people who are already paying tax.
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UK Pensioners in Thailand Face New Scrutiny Over Pension Fraud
The Cyclist replied to webfact's topic in Thailand News
Nothing to do with the DWP. The State Pension became a ' Benefit ' when the Pensions Act was amended in 2014 or 2015. -
UK Pensioners in Thailand Face New Scrutiny Over Pension Fraud
The Cyclist replied to webfact's topic in Thailand News
Whilst you are correct. Politicians are the same the world over. And there is no point in getting stressed and venting about it. It is not going to change until the Public get the legal right to publically execute the biggest freeloader on a monthly basis. The good news is that it would only take one public execution to change mindsets instantly. The bad news is it will never be allowed to happen. -
UK Pensioners in Thailand Face New Scrutiny Over Pension Fraud
The Cyclist replied to webfact's topic in Thailand News
But those passenger manifestos will pinpoint when you left and returned to the UK, and will be kept on file for a number of years. And I will agree with you on the fast passport service. Booked online, 10am appointment, pick new passport at 2pm. I think the fee when I used it was £75. -
UK Pensioners in Thailand Face New Scrutiny Over Pension Fraud
The Cyclist replied to webfact's topic in Thailand News
Yes Passenger manifests on flights leaving the UK are forwarded to the destination airport. It is called forward passenger screening or something of that ilk. Thailand is certainly one of the Countries involved in this scheme. -
As an outsider looking in, it was obvious to me that Lawfare was being used against Trump to stop him standing again. It appears that it failed miserably. Much the same as the Lawfare that was used against the last UK Government. I look on with mild amusement as that same Lawfare is now being used against the current UK Shambles.
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Thailand's Expats Urged to Register with TRD for Tax, Says Expert
The Cyclist replied to webfact's topic in Thailand News
He's American, so I don't know much about him. But if he has invested a lot of time, effort and money in getting himself qualified to operate legally in Thailand, it is easy to see where he is coming from. Not much different to the wailing, anger and toys being chucked out the pram last year when these tax threads started. Mostly by people who saw a loophole being closed and they were now potentially going to be taxed on monies that had been enjoyed free of tax due to the loophole. -
Not quite If you beat him to death in your home, you will be charged, tried and probably acquitted. If you chase him 500. metres up the street, then beat him to death. You will be charged, tried and probably convicted of manslaughter. I agree, the UK does need a revolution, or at least drastic action taken before it is too late ( Although, it may well be too late )
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That is very possible. And the major reason why I have said on numerius occassions, that there is a possibility that if you rock up at the RD to declare your remitted income that has already been taxed elsewhere, they will simply tell you to go away or no need to file. Having proof with you, that it has already been taxed, would help massively. There would simply be too much work involved 1. Go through someones annual remittance 2. Apply TEDA's 3. Subtract tax already paid 4. You owe us Baht 50. They could do this, but I have ny doubts. Of course, it would be a different story for people who are remitting millions of Baht per year, in income that might or could be taxable in Thailand. Such as CG, stocks and shares and whatever else is a bit of a grey area. Those people are highly unlikely to be asking questions on this forum and will simply hire the services of a proper tax advisor / accountant. Who will deal with the RD on their behalf, including any issues that might arrise. The only real issue that I can see, is people that have different sources of income paid into an account in their home Country, then remit to Thailand, and then try to claim it as savings / pre-taxed income or any other combination. If monies are direct deposited to Thailand such as pensions etc, the transfer code that comes with the remittance will tell the BoT, the RD, and anyone else interested, exactly what that remittance comes from and what it is for.
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You would need to ask the RD how they interpret it. If I submit a tax return for income from the UK which has already been taxed, complete with the tax paperwork. I can imagine that the RD could wave it through without further Thai taxation, rather than going through a process that means getting into tax credits and refunds, and such like. Not saying they will, but I could understand it they did.
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Then I suggest you read a couple of threads where people, including myself, have taken the time and effort to visit their local RD Office and you can read for yourself where RD Offfices have offered assistance and advice. I will direct you to the FAQ sections on the RD website. Where it states that the most beneficial tax rate to the taxpayer should be applied Its question 5 here https://www.rd.go.th/english/23520.html Therefore it would not surprise me if money was already taxed for the RD to ignore it for tax purposes. You, of course, are free to think whatever you like.
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This is not in dispute Which might by why I have suggested to other posters to err on the side of caution and if they are remitting income from abroad, that is not specifically exempt / non taxable in Thailand due to a DTA. If it exceeds the 60k / 120k / 220k limits, seek the advice of the RD dept, or pay for a Service through a tax consultancy. What I said, and what you are referring to, is the spirit of a DTA, which is to avoid double taxation. It will be entirely up to the RD If they apply the spirit of a DTA, or whether they apply the letter of the RD Code / Law. They actually have the ability / flexibility to go either way.
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Thanks for that. You should maybe have read the rest of my comments. And I also do not belive that what I said is contradictory to what is said in the RD rules and laws. I said I believed that if the RD applied the spirit of a DTA, then income that was already taxed in home country would not be taxed again in Thailand. At no point did I say that Thailand would not, or could not tax it.
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David Lammy Under Pressure to Apologize for Past Comments on Trump
The Cyclist replied to Social Media's topic in World News
Then the role is not suitable for the Tottenham Turnip. I doubt he could build a house out of Lego blocks. -
Thailand's Expats Urged to Register with TRD for Tax, Says Expert
The Cyclist replied to webfact's topic in Thailand News
Then you should watch this video, it is specifically aimed at the so called expert in the very first post . -
Are you even in Thailand ? The wasting of trees seems to be a National pastime, especially in Government departments. So if you are in Thailand, as a tax resident, you do what you think is best when it comes to your income and whether you need to file a tax return. Personally, I couldn't care less what you do. But if people are still asking genuine questions, I will try and answer them, where possible, even if it is only generic advice that might save them falling foul of the RD.