Introduction to Personal Income Tax in Thailand

[Yumthai]

2 hours ago, Chonnikarn said:

Still, even if you believe you owe no tax, it’s a good idea to file. If you don’t file and you were supposed to, the Thai Revenue Department (TRD) can audit you going back 10 years. But if you do file, they can only go back 2 years. So filing, even with zero tax due, gives you protection.

And yes, there are real penalties. Fines can go up to 200,000 THB and even jail time (up to 7 years) in serious fraud cases. Declaring all income properly is important. For example, claiming that foreign pension income is tax-free when it’s not, or forgetting to report transfers, can get you into trouble.

Scaremongering season open again!

[motdaeng]

12 hours ago, Yumthai said:

Scaremongering season open again!

 

no scaremongering at all, that are facts, written in the tax regulations / tax law ...

if you prefer to follow it or not, that's your own decision because you seems be a grown up already ... 

[Ricohoc]

15 hours ago, Yumthai said:

Scaremongering season open again!

 

Apparently so.

[topt]

5 hours ago, motdaeng said:

 

no scaremongering at all, that are facts, written in the tax regulations / tax law ...

if you prefer to follow it or not, that's your own decision because you seems be a grown up already ... 

So why post the "facts" after the tax filing season has ended - especially as said "facts" have been posted and discussed thousands of times (ok maybe hyperbole but certainly 10's of times) in the past...........

Reads like an AI piece to me especially as a supposedly new poster........

[Yumthai]

1 hour ago, topt said:

Reads like an AI piece to me especially as a supposedly new poster........

I think AI promotes neutral approach rather than biased advice such as "it’s a good idea to file", "So filing, ..., gives you protection", "Declaring ... is important".