JJ-Thailand

Correct, there is no line for tax credit. I called TRD main office, and they said that the forms have not been updated yet but should be ready next year. They also said that if you file online, in Thai, it might work. In other words, they are not ready.

I know what to do with this bas**rd, it involves a blunt knife.

All speculation regarding the tax is due to the lack of information from the Thai authorities.

Hopefully

and as bad as . . .

No visa needed. They just charged a fee of USD 20 at arrival, that's all.

It happened to me in Panama. Every foreigner staying in Panama for a period longer than 60 days needed a tax clearance certificate to be allowed to leave the country, took me a full day to arrange. Will Thailand introduce something similar for foreign tax residents? Hopefully not. There are other more efficient ways to make sure tax residents file their tax return and pay any tax owed.

The first thing to determine is where the money sent over come from and the second is if the money is an assessable income or not, if the money come from social security, pension, interests, dividends etc. This will determine if you need to file but also if you need to pay any tax according to the double tax agreement and after Thai allowances and deductions. If you have already paid tax in the US on the money sent over, you will most likely not have to pay any tax in Thailand, but you may still have file. Go over to the local revenue branch and explain to them, with a bit of luck they might tell you that you don't even have to file or that you have to file but not pay any tax.

Correct, not yet.

Different kind of visitors, less stress, less greed, less violence, more smiles and more happiness. I'm talking about the 80s and 90s.

Much better.

Thailand is no longer what it used to be.

58% sounds high to me. I guess many will change their mind and file when we get closer to the deadline. Who in his right mind wants to have potential future problems with TRD or Imm? On the other hand, many foreigners not filing will send a message to the Thai government that taxing foreigners is not a good idea.

That's what it looks like at the moment, latest update was 23 Nov. 2020. Unfortunately, it could change overnight, who knows what they will come up with next.

We never had this kind of <deleted> happen in Thailand in the old days, we only enjoyed our stay here and had fun. Now we see foreigners fighting and murdering each other, foreigners robbing banks, breaking into cars, scamming ATM users and all kind of weird <deleted>.

Official information from TRD on tax clearance certificate: Who is required to acquire a Tax Clearance Certificate? Section 4 quarter of the Revenue Code stipulates that a foreigner departing shall apply for a Tax Clearance Certificate in the form prescribed by the Director-General within 15 days before leaving the country, whether or not there is any tax payable. A foreigner departing Thailand is required to file an application for Tax Clearance Certificate (Form P.1) and supporting documents if: He is liable to payment of tax or tax arrears before departing Thailand He has duty to file a tax return and pay tax on behalf of a company or juristic partnership incorporated under foreign laws and has been carrying on business in Thailand He has taxable income, whether or not in Thailand, from being a public performer in Thailand. The word "public performer" means a drama, movie film, radio and television performer, singer, musician, professional sportsperson or performer for any kind of entertainment. Penalty A foreigner departing or attempting to depart Thailand without a Tax Clearance Certificate shall pay a surcharge at the rate of 20% of the tax amount. In addition he shall be subject to a fine not exceeding 1,000 Baht or an imprisonment not more than 1 month, or both. Read more here: https://www.rd.go.th/english/23518.html

Not everybody understands that to file or not to file has nothing to do with if you need to pay tax or not. 1. Most foreigners will have to file their tax return in Thailand if they send over an assessable income above 60,000 or 120,000 Baht. 2. Most foreigners won't need to pay a penny in taxes due to a double tax agreement or due to the full use of allowances and deductions, but they still need to file.

Correct, the tax code hasn't changed, only the definition.

We know that Imm and TRD are sharing data, anybody that has been in Thailand for 180 days or more might be audited.

The Thai government wants to attract more foreigners to Thailand by imposing taxes on us. Brilliant idea! 😂😂😂

Don't buy the house!

Unfortunately, the Tax Clearance Certificate already exists but hopefully we will never have to use it. More to read about it at TRD official website: https://www.rd.go.th/english/23518.html

Many people have this problem, but most local TRD would still not issue a TIN unless you need it to file your tax return in Thailand.

I agree, they might eventually implement a tax clearance certificate required for visa extension. Last time I was on a job in Panama I was not allowed to leave the country without a tax clearance certificate issued by the revenue department in Panama City, it stated that I had fulfilled my tax obligations to the country. I just checked if Thailand has something similar and they have but it is not used for people in our situation, yet.

It is correct, they are not supposed to issue a TIN unless you need to file a tax return.