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Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part II
It's curious that there is a small group of members who are still trying to convince everyone else that nothing about the tax picture has changed and that nothing will change in the future! The reasoning for these things us varied but includes things such as: Nothing ever happened before so nothing will happen in the future. The TRD isn't sufficiently organised or capable to begin taxing expats. Foreigners are a major source of revenue, trying to tax them would threaten that income stream. There is no enforcement or penalties to speak of so why bother. There various degrees of merit to each of the above reasons but ONLY if you think you understand more about the workings of the TRD than you actually do. For example, do you really know what the TRD does and how they do it? Do you really understand how TRD functions, their effectiveness rate and the degree of risk associated with ignoring them? (Queue the anecdotes whilst we look at some statistics) In 2020 there was 9.55 million people in the tax net. "Out of 9.55 million taxpayers, there were 3.3 million people who had a monthly income of 25,000 baht, the minimum threshold to file tax forms, while the remaining 6.25 million earn less than the threshold". Three years later, the tax net had increased by almost 25%: "There were 11.9 million personal income tax forms filed for the income year 2023, submitted between Jan 1 and April 29, 2024, an increase of 3.34% from the same period last year". It is very clear that TRD is increasing the tax net so somebody somewhere is doing something right and is serious about making more people pay tax. As for the lack of enforcement: how difficult would it be for TRD and Immi. to implement tax clearance certificates or make a tax return filing, part of the visa extension process, it's just another piece of paper! The value of foreigners to the Thai economy: I don't want to debate again what that value is but my personal opinion is that it's not large, that however is not the point. The point is that only a small percentage of expats are likely to leave the country as a result of taxation and they will soon be replaced by others who are better able to tolerate and traveserve the problem. I have to say that I wouldn't want to bet my anecdotal evidence on those four reasons above being completely right. Please credit and share this article with others using this link: https://www.bangkokpost.com/business/general/2799906/tax-refunds-delayed-by-surge-in-fake-submissions. View our policies at http://goo.gl/9HgTd and http://goo.gl/ou6Ip. © Bangkok Post PCL. All rights reserved. Please credit and share this article with others using this link: https://www.bangkokpost.com/business/general/2020179/revenue-department-plan-intends-to-add-some-500-000-taxpayers. View our policies at http://goo.gl/9HgTd and http://goo.gl/ou6Ip. © Bangkok Post PCL. All rights reserved. -
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Is Earth round or flatâť“
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Suspect Causes Fatal Car Crash During Escape From Custody, 1 Officer Killed, 3 Injured
Picture from responders. An incident unfolded in Nong Chik District, Pattani, when a suspect escaped custody and caused a car crash, resulting in the death of one officer and injuries to three others. The events began on 19 December 2024, when the Joint Special Operations Unit in Pattani detained Mr. Hamdee, a suspect linked to multiple violent incidents in the southern border provinces. He was taken into custody in Tabing Subdistrict, Saiburi District, and transported to the interrogation centre at the 43rd Ranger Task Force in Nong Chik District. During questioning, investigators reportedly uncovered Mr. Hamdee’s involvement in several major incidents, including: • A car bomb attack in Panare District on 24 October 2024. • An explosion targeting Border Patrol Police Unit 446 in Yaring District on 14 November 2024. • A 1.2-million-baht robbery from 7-Eleven staff outside Kasikorn Bank in Palas on 18 November 2024. On 25 December, at approximately 19:00 authorities were transporting Mr. Hamdee from the interrogation centre to the Forward Police Operations Centre via Highway 418. As the vehicle passed through Kalo Tanyong Subdistrict in Nong Chik, Mr. Hamdee escaped custody, by grabbing the steering wheel and causing the vehicle to veer off the road and crash into a concrete bridge barrier. The crash resulted in the following casualties: 1. Lt. Thongpak Sukkarawatcharin – Suffered hip injuries, currently under treatment at Pattani Hospital. 2. Sgt. Chawalit Kittiphan – Sustained head injuries, also receiving treatment at Pattani Hospital. 3. Volunteer Ranger Natthawut Unla – Sustained arm injuries, under treatment at Pattani Hospital. 4. Volunteer Ranger Pairoj Prappram – Sustained neck injuries and died at the scene. The suspect fled the scene after the crash, and a manhunt is currently underway. Authorities secured the crash site and are working to apprehend Mr. Hamdee to face justice swiftly. The incident highlights the ongoing risks faced by security personnel in the volatile southern provinces. Local officials have vowed to pursue the suspect relentlessly and bring him to justice in accordance with the law. Authorities have urged the public to remain vigilant and report any sightings or information that could lead to the suspect’s capture. -- 2024-12-27 -
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Deterioration of Dining Quality and Experience
Agree about poorer food quality and smaller portions. -
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THAILAND LIVE Thailand Live Friday 27 December 2024
Thailand Boosts New Year's Road Safety with Tougher Drink-Driving Penalties Picture courtesy: Siam Rath The Thai government is set to increase penalties for drink-driving, as part of a broader effort to reduce road accidents during the upcoming New Year festivities. Full story: https://aseannow.com/topic/1347261-thailand-boosts-new-years-road-safety-with-tougher-drink-driving-penalties/ -
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Thailand Boosts New Year's Road Safety with Tougher Drink-Driving Penalties
Picture courtesy: Siam Rath The Thai government is set to increase penalties for drink-driving, as part of a broader effort to reduce road accidents during the upcoming New Year festivities. Deputy Prime Minister and Minister of Transport, Suriya Jungrungreangkit, announced the initiative at the launch of the “Safe New Year, Together for Safer Roads” campaign on 26th December. Reflecting concerns over rising accidents from drink-driving, distracted driving, and general disregard for traffic laws, the Ministry of Transport aims to revise legal penalties, making them stricter to deter such behaviours. This move follows worrying statistics from last New Year's period, which saw 284 deaths and 2,307 injuries. Anticipating a 12.99% increase in public transport usage during the ten-day holiday period from 27th December to 5th January, the ministry is coordinating with various transport departments to ensure public safety. Approximately 2.3 million trips are expected nationwide, with measures in place to enhance security and efficiency across all modes of transport—land, rail, water, and air. Minister Suriya stressed the importance of seamless and safe travel, urging all transport sectors to ensure vehicles and personnel are well-prepared. Public buses in Thailand, which see the most use, will undergo strict readiness checks, including limits on driver working hours and health assessments to prevent fatigue-related accidents. Furthermore, unresolved issues such as malfunctioning railway barriers are being addressed with local governments to minimise accident risks. The ministry's goal is for New Year travel, particularly via public transport, to be accident-free. Suriya reassured the public of the ministry's commitment to safety and convenience, drawing on past experiences to enhance service delivery and integration across all transport networks. This, he hopes, will ensure a safe and joyful New Year celebration for everyone travelling across Thailand, reported Siam Rath. -- 2024-12-27 -
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Started walking for exercise, but.....
Take this as a warning to every one usually just sitting and do not move much! Start walking! Start walking in stairs and steep hills. Find a Buddha near you, they often have a lot of stairs. Get lots of collagen. Google nutrients for your joints. -
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Woman Selling Blended Drinks Found Running Illegal Loan Operation in Sattahip
could she tell any more lies .....
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