Felt 35

Failed was a very harsh word to use IMO. I'm no financial tax advisor and it wasn't a advice to anyone just the fact that a DTA between two countries can not automatically just be changed over the night to fit new ideas in one state. Anyway, I don't have any prerequisites to know the rules in Germany vs a tax agreement with Thailand, but it reminds me a bit of how it was at home until about 2008-9. i.e., to pay tax for individual people with, for example, a pension was a bit of a goodwill issue here in Thailand. When you mention tax on capital income, bank interest, and fund placement, I mean previously to have seen it mentioned in this thread that it was only in case of a possible transfer to Thailand, but I now see that it is a question of capital income regardless of whether it is transferred or not and then I myself will be affected, even if the interest I earn in a year is a pittance in the grand scheme of things. Felt

Nothing else than experience of following one DTA the last 15 years which stipulate that I shall pay tax on what's actually transferred to Thailand and what not is transferred are taxed in home country where I have to prov with English language Thai tax payment certificate and Thai certificate of residence annually. That DTA will not be changed 1. January 2024 so I will still pay tax on anything transferred to Thailand, either its pension income or savings. My bank home has my TIN and so have naturally home country's tax department. I prov my transfer to Thailand with an annually statement from my bank here and because the info they already have at my home country's tax department it's a "see through" for them if I have transferred anything to a second Thai Bank. I understand that many countries have different DTA`s so I absolutely understand many people's confusion and frustration and I think but can absolutely be wrong that many DTA`s need renegotiations or most likely an additional tax clause for they based in Thailand and that can be negotiated between the relevant country and Thailand quite quickly. Felt

What do they say "talk it up" Felt

If Thailand has a tax agreement with another country, they must follow the agreement and cannot for their own benefit change it until a possible new agreement is in place and it takes a long time to renegotiate tax agreements. Felt

After reading trough this report there is no wonder Thailand are considered a flawed democracy and that as best. Felt

This is nothing but discrimination. Full Stop.⏹️ Felt

Home (fatf-gafi.org)

Check the link. Felt

Why should the Bank have your TIN😕I have paid tax here since day one and have never been asked the Banks (2) in Thailand for a TIN. However, the regulations under the FATF will most likely make your home country Bank demand it if your tax residents in another country than your home country. Felt

I'm going here early December and the package they have is acceptable priced until New year. Samitivej Hospital in Bangkok, Thailand (samitivejhospitals.com) Felt

Well, I stand corrected after a visit to Immigration with TM 30 and all other necessary documentation from landlord for new address registration. Then Immigration told me you are already registered online with new address so what can we help you with? Bummer😯 but I'm old and old fashion and "hang" in the old system and don't really fully get along with online this and online that. Anyway, thanks to all inputs. Edited, immigration also told me then as online registered I can do the 90-day report here on my "away from family" address. Felt

That's how I thought it was, but what does the law say? In any case, I will "work" with the landlord to get them to draw up a lease for 5 months. Felt

Good to hear I'm not a prisoner😌🙂 Do you have any recommendation on when I should do the online report as the next 90 day report is 13 Jan 2024 and two weeks before that date is 31 Dec 2023 and the Thailand New Year holiday has started and all official offices are closed and at the same time as I checked Thai Immigration's website, an advertisement popped up on the Immigration website saying that December 29 is also a public holiday! 🤔 Felt

Okay, but what is the point of 90-day reporting and can it be legal to do that online since in this case I am reporting the address online from a different Provins than where I have my registered address and are supposed to be found and if for some reason Immigration wants to contact me or do one of these checking's on where foreigners actually are staying in the country, what then? Felt

Last year and I will do the same this year, I stay in another province 5 months of the year than where my main address in Thailand is registered (where the family lives). Last year I changed my address to avoid and travel halfway around the country for a 90-day report and am thinking and doing the same this year, but allow me to ask if there is another legal solution? Regarding the new online registration form used by apartment hotels for Immigration which I got a copy of from the apartment hotel. Its just an A4 sheet with the Immigration emblem in the top left corner, followed by check in date/number of nights of stay and under that my passport number, citizenship, first name/surname, gender, date of birth. But the apartment hotel has not filled in anything under telephone number, date of issue, TM number (not actual), visa type, expiry date of stay or point of entry. Still they say this is ok and the way they do it. Is it okay? Btw, retired and on Non-O retirement visa. Thanks Felt

That must be lo...ong ago History of the Israeli-Palestine conflict: A chronology - The Washington Post

Those who live in glass houses shouldn't throw stones.

I 🤔think and IMO unfortunately we all will find that "assessable income" here will be any funds transferred from abroad. If not, Thailand have only 2 months to change dozens of DTA`s. Felt

No, and personally I would not have moved anywhere as a pensioner. Of course, it depends a lot on how you are doing where you come from and the possibility of good health help as an aging person, but that math is quite clear as most of us will not get any help outside our own borders without a fat wallet and it was not those with fat wallets this subject was about as far as I understand. Felt.

Home

Apologize for double posting. Mod welcome to delete last post. Felt

Thanks, I was in contact with my country's Revenue head office yesterday and one International tax consultant office here and one consultant office back home and my understanding now is that Thai tax of foreign source interest income is the same as on foreign source pension income. It is taxable income in Thailand when it is remitted / brought into Thailand. If it is not brought in, it is not taxable income here. Felt

No, just stating the fact. Felt

I have a home country and a DTA but not a address there so please not tell me savings abroad and a small interest on that and never remitted to Thailand (Living expenses is covered by monthly pension) have to be declared here?? Felt

Nja... we will see where heading when winning team is more clear..... https://fortune.com/2023/10/13/ray-dalio-says-world-war-50-50-israel-palestine-gaza-hamas-russia-ukraine/