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Posts made by individuals reflect their own opinions and should not be taken as fact.

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Posted
On 3/16/2025 at 6:10 PM, Liquorice said:

Any tax paid in the UK under the DTA can be applied as a 'tax credit' against any tax due in Thailand, but as mentioned previously there is nowhere on the forms to enter such paid tax as a credit.

No, it is not that simple: proportions etc. need to be calculated!  Please read the DTA in detail for the necessary calculations. 

Posted
On 1/25/2025 at 6:14 AM, essexman said:

She added my pension payments together and then worked out my allowances. 

Do please can you tell,us the details of your allowances? Thank you! 

Posted
On 3/16/2025 at 7:21 PM, anrcaccount said:

What about the thousands ( tens of thousands) of foreigners who remitted THB millions in 2024 to buy property....or even expensive vehicles? None of them are paying tax, right?

You didn't mention that tax would only be due on the "remitted THB millions in 2024" if it was earned in 2024.  It is very likely that by far the bulk of any funds remitted for purchase of property would have been earnings from prior years and as such would be non-assessable.

 

No need for hysterics.

  • Like 1
Posted
5 minutes ago, gamb00ler said:

You didn't mention that tax would only be due on the "remitted THB millions in 2024" if it was earned in 2024.  It is very likely that by far the bulk of any funds remitted for purchase of property would have been earnings from prior years and as such would be non-assessable.

 

No need for hysterics.

Not necessarily at all. No hysteria present. 

 

Many people sell a property or stocks in their home country, and then purchase real estate in Thailand.

 

Many of the sales and subsequent purchases, would have happened in 2024, therefore any capital gain on the sale, theoretically assessable upon remittance to Thailand. 

 

But I suspect few to none would be declaring this,  despite this situation likely occurring many thousands of times in 2024. 

  • Agree 1

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