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Thailand to tax residents’ foreign income irrespective of remittance


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1 hour ago, ScotlandtheBrave said:

I have applied for a Thai Tax Identification Number paying for the assistance of a legal firm, and all of my friends are telling me not to be silly as nothing will happen.

Do you think all of your friends are stupid?

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56 minutes ago, chiang mai said:

Actually, thinking more about this, if you're not smart enough to get yourself a TIN, you deserve what happens to you later and you probably shouldn't even contemplate living in Thailand.

 

And what do those people do who have been refused a TIN? image.gif.2edbc334a2669a0cbeefb555fb93a314.gif

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Tell them you want to talk to a supervisor and that you're going to escalate things. Tell them to put their refusal in writing for your overseas bank that has requested the number. Jeeze you have so many choices

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2 hours ago, chiang mai said:

Actually, thinking more about this, if you're not smart enough to get yourself a TIN, you deserve what happens to you later

But if you're smart enough to avoid folks who can't think outside the envelope -- you'll probably come to a better solution for a convoluted situation. And what could possibly be the 'happens to you later?' A fine on taxes not owed? Fish sauce on your hotdog? Nevermind.

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3 hours ago, chiang mai said:

Actually, thinking more about this, if you're not smart enough to get yourself a TIN, you deserve what happens to you later and you probably shouldn't even contemplate living in Thailand.

Halloween post of the day, a little early though. Chilling!

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3 hours ago, JimTripper said:

It's best to remain under the radar until you absolutely have to act or are pressed for time. That's a useful tip for anything here really, including getting bank accounts, tax numbers, etc.

 

The less known you are, the better off you are. Only get involved if it brings some benefit to you or helps someone out in some way.

 

That is Plan A, and I'm following it closely with Plans B and C close at hand.

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2 hours ago, JimGant said:

Anyway, common sense says, if you don't need to file a Thai tax return, 'cause you owe no Thai taxes -- no realistic need for a TIN. Yes, specific language says maybe you should get one. But, if you don't -- and no taxes owed -- what's the penalty for avoiding the hassle of arguing with a TRD clerk, who's also relying on common sense.

 

 

I don't dispute that assessment.

 

I do note thou that there could be different assessments.

 

Of course Thailand is Thailand - and other countries are different.

 

I note thou, that my wife, who had minimal income in Canada, went for about 5 years without filing a tax return.  Revenue Canada contacted her, and demanded she file a tax return for those 5 years. ....  So we spent a few evenings finding the paperwork and submitting the returns.  When the dust settled, Revenue Canada owed my wife a trivial amount of money.  So small - it was not worth the effort to file a tax return.

 

The point here - is sometimes governments want one to file a tax return even when money is not owed.

 

As to Thailand?  I don't know.  There are changes brooding in the tax situation with respect to expatriates - and I can not predict how it will turn out.

 

For 100% certain I can not say whose view is right or wrong. 

 

All I can do is try to structure my finances so not to be impacted until the situation clarifies more.

 

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5 hours ago, chiang mai said:

Actually, thinking more about this, if you're not smart enough to get yourself a TIN, you deserve what happens to you later and you probably shouldn't even contemplate living in Thailand.

Some have a pink card and been told can use it if and when these forms ever come out!!!

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1 hour ago, jwest10 said:

Some have a pink card and been told can use it if and when these forms ever come out!!!

 

The same has been said to those who possess a Yellow Book.

But still nothing definitive.

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2 minutes ago, Talon said:

 

The same has been said to those who possess a Yellow Book.

But still nothing definitive.

Indeed.  I believe the relevant pink-ID # is the exact same as the Yellow book #.  And nominally (most the time ?? ) as an expat one needs the Yellow Book first in order to get the Pink ID.

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5 minutes ago, Talon said:

 

The same has been said to those who possess a Yellow Book.

But still nothing definitive.

If these books are not registered with TRD then they cannot be used for tax purposes 

Simples

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Just now, norbra said:

If these books are not registered with TRD then they cannot be used for tax purposes 

Simples

 

That's another issue. Just repeating what some local TRD offices have communicated.

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