ukrules

Yeah, until it's published in the Gazette it's nothing more than hot air / proposed changes which often never come to fruition. They can draft as many of these as they want but unless the Cabinet vote on it nothing will happen, then it just needs the 'Royal Decree' part completing.

That's better - the original link was broken - and still is - maybe someone can fix it.

It worked for me but that was a few years ago. In fact this lease was drawn up on the spot and my Mrs leased the rented house that she rents to me - they may have attached a copy of her id - she certainly didn't own it and nothing more was required. I believe that for Thailand they know there is no easy proof of address in English for many people so they do things a little differently - like returning your passport to you while it's being processed - that's not normal but they do it in Thailand. I went to a law company who did this, they knew what they were doing - I just signed the documents but yeah a lease in my name showing the address was sufficient. Even though it's just a worthless piece of paper when it comes down to it.

Oh yeah, there's no escaping that if it's earned in the UK then you're taxed there regardless of what it is or how it's earned.

Do you spend a lot of time over in the UK or something? Personally I haven't stepped foot in the place in over a decade and have zero income or liabilities over there. Under the 'Statutory Residence Test' they now use at HMRC they booted me off the tax register many, many years ago. No declarations required these days.

I don't pay any tax in Cambodia.

Me too, a lot of people have filed tax returns already, in fact anyone who hasn't is now a 'late filer' this year for last years taxes if they were resident and remitted more than the paltry allowances. I left Thailand last year for just over 6 months as I sold something which I one day planned to remit as and when required over the next 10 to 20 years, my plan was always to use the 'next year' remittance method, then they cancelled that but the sale of my assets didn't happen until late last year. I was quite disappointed but as this was quite a bit of money, potentially enough to last for life - I left just to make sure I never have to pay anything on that.

Right, if you bought money in last year and were a resident then you owe tax on it - don't make the mistake that you don't because you do. Until they get around to changing it then the announcement back in 2023 stands.

For proof of residency they also accept a copy of a lease. I sent an agent to do it for me as I couldn't be bothered and they drew up a lease especially for this purpose. It's nonsense - however you can also get a bank statement with an English address on it - just pop along to the bank and get them to alter your address into English then tell them to print a statement - they will do it for a small fee - then you have a bank document with your address on it - and that's very useful for lots of other things as well.

I came to live in Thailand for only 1 reason, I could avoid paying any and all tax. I've always said the one thing that will make me leave is if they ever attempt to tax me - hence I am sitting in an apartment in Phnom Penh right now. They're not getting a single Baht from me. I know how to do it 100% legally, it's not evasion if it's avoidance and there's nothing wrong with avoidance. Not yet anyway.

Of course they are.

lol

Lol, take action and ensure the outcome you want. No need to hope.

Also - this is a classic example of the lies used by the anti counterfeit groups. Why would a company, even one producing fakes make sure their products contain some of the most harmful substances around - it's propaganda. A solid counterfeit operation will strive to match the quality of the original in such a way that even the trademark holders can barely tell the difference - this is what they fear the most and it's why they spend massive amounts of money employing private investigation agencies running non stop undercover operations for decades on end fighting it.

These raids were a huge value is touted are hilarious. These goods are worth nothing because they are fake.

Some moron at the RD was mouthing off about that - but that's all they do, they make publicity for themselves.

There's definitely a measure of irony in this accident.

Sure they could remit whatever they wanted while non resident or in fact forever after they earned the money in a previous year - while non resident. Is this attempting to close the 'can remit forever' part of this? I doubt it as it's savings from a non resident year - but it might be, who knows. Also they seem to have extended it to the year after non residency as well as the year of non residency. How about people who've been non resident for many years - are they going to tax them if they return? The whole thing as usual is as clear as mud. Whatever they do it's to raise additional revenue - not less.

Yeah - which is nearly everybody who gets ill.

I don't believe they are at all. They will find some excuse to delay it for years and then quietly drop it at some point in the future. If they don't then the issues they're attempting to address right now will look like a drop in the ocean compared to what will happen in a global taxation scenario.

Which may never happen, lets remember - this comes from the same department which was talking about taxing everyones global income regardless of remittance or not. It's like some kind of random word machine, maybe they changed the mouth that's speaking over at the Revenue Department - but it's all horse<deleted> no matter what they say.

Remember where you are, there is no logic

I can't wait for the onslaught of youtube videos which will surely be heading our way about this new announcement. I know the article mentions Thais but there is a law that says every 'tax resident' must be treated equally so in that context I believe it's referring to Thai tax residents - not Thai citizens or PRs, etc.

Yes, we're talking about the top 1% here - those with hundreds of millions of Baht, the people being targeted.

That would not work, I don't think you realise the number of people who would leave the country in the year worldwide taxation is enacted. Many Thai people as well as foreigners would simply limit their stays to less than 180 days - it's easy to do, many have homes in various places throughout the world, taking two or even three trips a year is a simple thing to do when avoiding huge amounts of tax. Then there's the corporate route. Thailand does not have 'Controlled Foreign Corporations' rules which means they can transfer all their offshore wealth into some corporation which controls / owns any holdings and it then becomes untouchable, they can pay themselves dividends, etc from their own foreign business entity whenever they choose. This would likely be in a year when they're non resident in order to avoid any and all tax. This is how the 'more wealthy' individuals and families will do it if they can be bothered / motivated. The thing is - nothing like the threat of increased taxes motivates someone to get up and go speak to an accountant - and accountants despite the incredibly boring nature of their job at first glance are very creative people!