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Introduction to Personal Income Tax in Thailand


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15 minutes ago, Unamerican said:

Maybe, but difficult to know this when the acronym is unknown to many of us!  Where does it come from? 

Note that the only response that was in fact needed was an  explanation that it is the acronym for: 

TAX EXEMPTIONS DEDUCTIONS & ALLOWANCES

Which is far more understandable than TEDA.

 

So “thanks, but not an at all useful response”! 

On the first page of the document I pointed you at, it says this:

 

TAX EXEMPTIONS DEDUCTIONS & ALLOWANCES (TEDA) 

 

So I think my response was useful and I did answer your question!

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18 minutes ago, chiang mai said:

I think my response was useful and I did answer your question!

Think away!  I am sure that everything you do is totally perfect . . . in your eyes!   

 

So very, very, very many thanks for your  totally perfect reply . . .  which could readily have simply been writing out the full form of the acronym!

 

One more thought, maybe simply decoding the acronym would have made it into a superb,  totally complete, and excellent answer . . . maybe??? 

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1 minute ago, Unamerican said:

Think away!  I am sure that everything you do is totally perfect . . . in your eyes!   

 

So very, very, very many thanks for your  totally perfect reply . . .  which could readily have simply been writing out the full form of the acronym!

 

One more thought, maybe simply decoding the acronym would have made it into a superb,  totally complete, and excellent answer . . . maybe??? 

Welcome to my ignore list, bye.

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On 11/12/2024 at 3:56 PM, chiang mai said:

It has been widely acknowledged in many of the video's and interviews I have seen it said several times that TRD HQ has done a poor job of communicating to the regions 

 

Do not agree this is 'widely acknowledged'. Consider, this may be simply intentional, and there is nothing new to communicate.

 

If the TRD was even remotely serious about collecting/enforcing foreign remitted income for the 100's of 1000's of expats who have never paid it before, they would need to do a lot more than publish 2 internal directives, & 1 infographic.
 

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Just now, anrcaccount said:

 

Do not agree this is 'widely acknowledged'. Consider, this may be simply intentional, and there is nothing new to communicate.

 

If the TRD was even remotely serious about collecting/enforcing foreign remitted income for the 100's of 1000's of expats who have never paid it before, they would need to do a lot more than publish 2 internal directives, & 1 infographic.
 

If I said it was November 2024, you'd disagree, I've been conditioned to realise this is true.

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10 hours ago, anrcaccount said:

 

Do not agree this is 'widely acknowledged'. Consider, this may be simply intentional, and there is nothing new to communicate.

 

If the TRD was even remotely serious about collecting/enforcing foreign remitted income for the 100's of 1000's of expats who have never paid it before, they would need to do a lot more than publish 2 internal directives, & 1 infographic.
 

TRD changed one simple rule regarding remittances, the implications of the change are that foreign tax resident no longer have a loop hole through which to avoid Thai tax on remittances.  The rule change  was widely broadcast and is simple enough to understand, even for dullards and those people who are not tax savvy.

 

Put yourself in TRDs shoes, what more can you reasonably expect TRD to feel the need to do. What justification is there for TRD to pander to the anxieties and insecurities of the foreign community? The Revenue rules are there, in English and there's lots of ways you can get assistance with tax. International and local tax consultants operate here and English is widely spoken. 100's of 1000's of foreigners may not have paid Thai tax before but they know what tax is and they've certainly paid it in their home country, this is not something that is uniquely Thai that they've never heard of before. 

 

Many foreigners were required to file tax returns before the rule change but didn't, because they didn't think it applied to them! Now, many more foreigners are required to file tax returns, I'm pretty certain that fewer people will ignore the need this time around!!  

 

The private sector picked up on the potential for increased tax consultancy fees and has marketed their tax advisory services by providing tax information, aggressively....social media is awash with information on the subject. What exactly could TRD do to reinforce the message that they're serious about this, perhaps take out half page ads in the Bangkok Post saying, we're not joking!

 

No, this is your problem, not the TRD's. If you're expecting a last minute change of heart or for this whole business to go silent and die a death, you are grasping at straws. And those people who are waiting for personalised letters to appear in the mail giving individual instructions regarding what to do, well, words fail me on this point.

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