Popular Post snoop1130 Posted June 21, 2022 Popular Post Share Posted June 21, 2022 The Thai government has decided to waive personal income tax collection from foreign actors when working on films shot in Thailand in the next five years, in a fresh bid to attract foreign crews to the country and the associated revenue. Deputy Government Spokesperson Rachada Dhnadirek said today (Tuesday) that the tax incentive is part of the government’s efforts to develop the country’s soft power. Thailand earned an average of 3.5 billion baht a year from foreign film crews from 2017 to 2021, with the revenue increasing to 5 billion baht last year. Full Story: https://www.thaipbsworld.com/foreign-actors-to-be-exempt-from-paying-income-tax-in-thailand/ -- © Copyright Thai PBS 2022-06-21 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Easiest way to own or rent a car in Thailand - click here to find out more! 6 Link to comment Share on other sites More sharing options...
RichardColeman Posted June 21, 2022 Share Posted June 21, 2022 (edited) And the reason people do not want to film in Thailand was............................ It'll return, they'll return and then so will the tax however, actors have been required to pay personal income tax while they were working in Thailand, despite the fact that they have to pay personal income taxes in their home countries as well. Edited June 21, 2022 by RichardColeman 1 Link to comment Share on other sites More sharing options...
JackGats Posted June 21, 2022 Share Posted June 21, 2022 Why didn't those actors simply say they're foreign pensioners? Link to comment Share on other sites More sharing options...
chalawaan Posted June 22, 2022 Share Posted June 22, 2022 I bet Russell will be Crowing. 1 Link to comment Share on other sites More sharing options...
chalawaan Posted June 22, 2022 Share Posted June 22, 2022 The dinosaurs new buzz-word (Oh! how they loved "fake news"). Is... "Soft Power". Doesn't Khun Prawit look ever so cuddly in his new Grand Seiko? Bless! Link to comment Share on other sites More sharing options...
mvdf Posted June 22, 2022 Share Posted June 22, 2022 6 minutes ago, chalawaan said: I bet Russell will be Crowing. And Tom will soon be Cruising by. Link to comment Share on other sites More sharing options...
Popular Post userabcd Posted June 22, 2022 Popular Post Share Posted June 22, 2022 (edited) 1 hour ago, RichardColeman said: And the reason people do not want to film in Thailand was............................ It'll return, they'll return and then so will the tax however, actors have been required to pay personal income tax while they were working in Thailand, despite the fact that they have to pay personal income taxes in their home countries as well. If the actors paid tax in Thailand for their work then in most cases the DTA would apply and the actor could claim a rebate in their home country on taxes for that income already paid. In most countries though, if the taxes were not paid in Thailand and they were still considered resident of their home countries, then they would be liable to pay taxes in their home country. Edited June 22, 2022 by userabcd 2 1 Link to comment Share on other sites More sharing options...
2baht Posted June 22, 2022 Share Posted June 22, 2022 Why not tax them? They are WAY overpaid anyway! Link to comment Share on other sites More sharing options...
Pouatchee Posted June 22, 2022 Share Posted June 22, 2022 1 hour ago, RichardColeman said: actors have been required to pay personal income tax while they were working in Thailand, despite the fact that they have to pay personal income taxes in their home countries as well. How many rich people do you know who actually do pay taxes? Taxes are only for the middle class and the poor. 1 1 Link to comment Share on other sites More sharing options...
userabcd Posted June 22, 2022 Share Posted June 22, 2022 (edited) 19 minutes ago, Pouatchee said: How many rich people do you know who actually do pay taxes? Taxes are only for the middle class and the poor. That is your general perception. In reality most are paying taxes or using tax laws to avoid paying excess tax. People seem to have their beady eyes focused firmly on the other peoples "haves" wealth, but forget that the money is tied up in the companies stocks, building, reinvesting and research in the company. They buy things, pay people and that is where some tax is recovered recovered by govt. Now with CRS and FATCA reporting it is presumed that most peoples finances are known by banks and govt. Edited June 22, 2022 by userabcd Link to comment Share on other sites More sharing options...
freedomnow Posted June 22, 2022 Share Posted June 22, 2022 Only God Forgives Pt. 2 ? Ryan are you ALL IN ? Link to comment Share on other sites More sharing options...
hotchilli Posted June 22, 2022 Share Posted June 22, 2022 17 hours ago, snoop1130 said: The Thai government has decided to waive personal income tax collection from foreign actors when working on films shot in Thailand in the next five years, in a fresh bid to attract foreign crews to the country and the associated revenue. So a film shot in Thailand constitutes working in Thailand and therefore tax payment are liable? Do they not pay taxes on earnings in their own country thus not liable in Thailand? 1 Link to comment Share on other sites More sharing options...
Eaglekott Posted June 23, 2022 Share Posted June 23, 2022 The upside for the actors is that there will be less paperwork in Thailand. Link to comment Share on other sites More sharing options...
Lemsta69 Posted June 23, 2022 Share Posted June 23, 2022 On 6/22/2022 at 8:14 AM, 2baht said: Why not tax them? They are WAY overpaid anyway! pretty sure that only a chosen few actors are overpaid. the non-A listers and the crew aren't well paid in relation to the big boys. producers and studio execs skim from the top as well. not to mention the creative accountants who can make the most profitable movies in history run at a loss. this is why you're mad if you actually part money to watch TV shows and movies. Link to comment Share on other sites More sharing options...
tomacht8 Posted June 23, 2022 Share Posted June 23, 2022 Guess all the porn crews will fly in. Link to comment Share on other sites More sharing options...
unblocktheplanet Posted June 24, 2022 Share Posted June 24, 2022 The really bad actors already pay bo tax... Link to comment Share on other sites More sharing options...
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