Chri

Yes, it is the wealthy or super wealthy Thais who will be most affected, as they also currently enjoy the tax exemption for worldwide income, repatriated in a year subsequent to the earned year. I would expect, as you say, they will be the ones who press the issue and if they don't succeed the monies wont be repatriated, which will be a negative for Revenue tax gains and economic activity. Thai resident, super wealthy foreigners, who are a much rarer species, probably can protect their assets and depending on their visa, may even still be exempt. And if all else fails, due to their resources, they can relocate to greener pastures. Resident foreigners, bringing in income, live, were always, if resident more than 180 days in a tax year, technically taxable here, a fact, I suspect, which went largely under everyone's radar, including the authorities. However, if their income derives and is taxable in a DTT jurisdiction, it is very likely that the tax deducted would be greater than Thai tax liability, so, therefore, no change. The Thai income tax is gradually graded from 5 towards 35%, with attractive exemptions. For instance, a person, who is over 65, married with one child, has an allowance of 460,000. That person, say with an income of 1,000,000, because of the grading bands, would have a liability of, maybe, 60 or 70,000 baht, which would be, most likely, below taxes levied on similar income in most Western countries.

The application of a law by an entity, charged with that function, cannot be open to cavalier interpretation by them, at will, by the executive who are creatures of the law. and subservient to it. If Revenue have decided to re-interpret their understanding or application of a law, then their previous position was ultra vires and the current is intra vires. In law, only one scheme can be correct. Only a Court, in a judicial review process, can establish an interpretation by precedent. It cannot be A or B. What's more, the exemption applies to all Thai tax residents and not just foreigners tax resident here, in relation to foreign earned or worldwide income. I would imagine that the really big losers would be those Thais who have major investments abroad and if faced with the exemption loss, would not repatriate income, resulting in the tax change, possibly, having a negative effect on revenues. I cannot contradict Mike's information, other than to say that is not what I have been told and by a (Thai) body, which was involved in the direct lobbying of Revenue on the issue. There is a letter in the BP today from a contributor, who also failed to get any clarification from Revenue on the issue. I think clarity is needed and the only way to get it is in a written comment from Revenue.

I have received ours as new owners in 2024. In your case, it would be prudent to make contact with City Hall, just in case, their record shows that it was posted, even though you did not receive it. As it is such a small amount, it's not worth falling foul of the system, so better to attend at City Hall counter, offer to pay and see what happens.

Are you sure that the announced intention of the Thai Revenue to revise the tax exemption status of Foreign Income imported for use here, more than 1 year after it was earned, actually came into being on 1/01/24. I have been told that the proposal has been parked, at least, for this year What's more, Revenue are a collection agency, not a legislative body, so they cannot determine taxation, only implement the law as passed and amended by Parliament.

Thanks. I am new to this medium and have now, I hope, reposted as you suggested.

Hi Everybody, We are have a Condo under refurbishment in Pattaya. We will be moving there, from Bangkok, in June, at the end of this International school term. Our daughter has spent 5 years in International school in BKK. Because of that experience, we now plan to homeschool her, starting from August, the beginning of next International school term. As part of the refurb, a small bespoke dedicated classroom, has been incorporated. So we are seeking: AN EXPAT PRACTISING OR RETIRED (PART-TIME) TEACHER to assist with the homeschooling of a 9 year old, (Foreigner/Thai), girl. Hours can be early morning or late afternoon, 2 or 3 hours daily. Ideally a female, of a kind disposition, with both interest in the profession and experience of the British Curriculum, aided by and in parallel with linking to a recognised British Online Education provider. Plus A THAI LANGUAGE (PART-TIME) TEACHER, hours 2 to 3 hours per week, also ideally, a female, (practising or retired), of a kind disposition, with some ability in the English language, experience of teaching Thai language, both reading and writing, in accordance with the recognised Thai MoE standard. One person to fill both roles would be very welcome, even though, probably unlikely. Any positive contributions would be appreciated. Thank You.