andre47

Maybe I just misunderstood you. This is exactly what I meant.

You are interpreting, I am reading: “The provisions of paragraph one shall not apply to assessable income arising before 1 January 2024.” "of paragraph one shall not apply" (from Por 161) This Por 162 does not change anything what was/is applicable law before 1.1.2024.

I don't say it...it is very clear written in Por 162 (if you can read)

No, it doesn't.... Here the Por 162 translation https://www.expattaxes.com.au/wp-content/uploads/2023/11/Revenue-Department-Order-No-P162A-2023.pdf “The provisions of paragraph one shall not apply to assessable income arising before 1 January 2024.” It just says that the new regulation does not apply to assessable income arising before 1 January 2024. It does not say that the old tax regulations are void.

This is just a "explainer" from a Bangkok Post SENIOR ECONOMICS REPORTER...therefore no binding information. The legal situation is clear: 1. The old rules apply for the period before January 1, 2024 and the new rules apply after that. It is not written anywhere that all income before January 1, 2024 is tax-free.

this company is amazing 555 they ask for 12000 baht to assist in getting a TIN.... you can do it youself very easy...just take a certificate of residence from your immigration and your passport and visit the RD... after 15 minutes you will get your TIN

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.

dream on...

All income earned before 1 January 2024 is subject to the old rules.

"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?

good luck with that

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.

50 baht baht for a decent meal in a good restaurant. on which planet are you living? 555

Perhaps you should inform yourself better before you write such things

why do you think that you will be double taxed?

sure not this year...perhaps from 01.01.2025 anyway, very bad news...

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.

Why do you think that you have to prove payment of tax on savings earned over the years?

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...

I agree. You seem to be right about that.

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.

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.

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.

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)