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andre47

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Everything posted by andre47

  1. Why do you need a tax certificate for 2022? You can declare your tax for the last 10 years, if you want/need. However, it is possible that late payment penalties and interest may then have to be paid for the late payment and, if taxes have to be paid retrospectively, default surcharges and interest. In theory, criminal proceedings are also possible if taxes were deliberately not paid.
  2. All income earned before 1 January 2024 is subject to the old rules.
  3. "documented tax residence" good point...Is it enough to have a Thai TIN and can proof to stay more than 180 days in the country or is a tax residency certificate necessary?
  4. If the tax office has doubts about a tax return, it can request further documents from the taxpayer. The tax office knows the accounts and can ask the taxpayer to submit the account statements if it has any suspicions. I think it is very risky to submit a false tax return.
  5. 50 baht baht for a decent meal in a good restaurant. on which planet are you living? 555
  6. Correct, the article is not to be understood clearly. What does the word "platform" mean? If companies are meant, they have always had to declare all types of income in their balance sheets, haven't they? But the crucial point is that the tax system in Thailand is now being turned completely on its head. If these changes are realised, it will completely change the expat scene here.
  7. Why do you think that you have to prove payment of tax on savings earned over the years?
  8. not free of Thai tax...just not taxed under the new rules, but under the old rules True, there is no proof, but it is very likely...
  9. As far as I understand the Thai tax law, you must report all amounts that you transfer to Thailand in a year in your tax return, regardless of whether they are taxable or not. You then state the origin of the respective amounts and whether you consider them to be taxable or, if not, for what reason they are tax-free. You will probably have to prove the reason for exemption for amounts that are tax-free.
  10. you should look for a new tax office. I went to my local revenue office and got the TIN without any questions. If you have a bank account in Europe the bank demands from you a TIN. When I live in Thailand more than 180 days per year I am tax resident in Thailand and I can obtain a Thai TIN.
  11. The price for my medicine has increased 28% since last year. another observation: 6 weeks ago a bought some medicine in a Uttaradit which I bought before always in Pattaya. The price in Uttaradit was 50% cheaper.
  12. In Pattaya this has changed. Last time when I needed a Certificate of Residence they looked at my 90 days report and my last enter into Thailand and she said that now you have to report TM30 each time after you entered Thailand within 24 hours. If you travel within Thailand the TM30 is not needed (for Pattaya Immigration)
  13. My understanding is that money that I earned and paid tax on before I became taxable in Thailand can be brought to Thailand tax-free.
  14. in Pattaya/Jomtien - certificate of residence and my passport (and a photo (not sure anymore)) - 15 minutes very easy
  15. I went to the revenue office and asked for a TIN. Many foreign banks want you to show a TIN in order to be exempt from the final withholding tax. I have no income in Thailand and have never filed a tax return.
  16. If you bring these gains to Thailand you have to pay tax on it. This has not changed. Even now you have to pay tax, but now only if you bring these profits in the same year to Thailand. In future you have to pay tax on it never mind when you have earned these profits.
  17. Persons who are residing in Thailand according to Section 41, paragraph three, of the Revenue Code. who have assessable income due to work duties or activities conducted abroad or because of property located in a foreign country according to Section 41, paragraph two, of the Revenue Code In the said tax year and brought the assessable income Entering Thailand in any tax year That person has a duty to include that assessable income in the calculation. To pay income tax according to Section 48 of the Revenue Code In the tax year in which the assessable income was brought into Thailand Section 41, paragraph two means: In the case where the ownership or possessory right in an immovable property is transferred without any consideration, the transferor shall be treated as a taxpayer and pay tax in accordance with the provisions of this Part.7 As I understand the Thai text, the only thing that has changed is that in the future you have to pay tax on profits from work, from commercial activities, or from the sale of real estate in Thailand if you bring these profits to Thailand, regardless of the year. Previously, you had to pay tax on these profits, but only if you bring them to Thailand in the same year in which they were earned. It is explicitly spoken of profits/income. It does not mean existing assets.
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