Thailand to tax residents’ foreign income irrespective of remittance

[NoDisplayName]

13 hours ago, Talon said:

 

And what do those people do who have been refused a TIN? 

 

Then you give them a reason for why you need one.

 

You have a bank account, earning interest, with tax withheld.  You will file a tax return to get the withheld tax refunded.

 

For that, you need a TIN.....or your pink ID card.

 

Activation of pink ID number was easy....at my particular rural TRD office.  Office lady called the provincial office, completed while we waited.

[Talon]

17 minutes ago, NoDisplayName said:

 

You have a bank account, earning interest, with tax withheld.  You will file a tax return to get the withheld tax refunded.

 

I have never cared about that in the least.

[chiang mai]

4 hours ago, Talon said:

 

I also found this to be a bit off-putting.

Makes me wonder how some people actually survive here, day to day. Don't want to lie, don't want to pay an agent, have you considered writing to your MP!

[chiang mai]

10 hours ago, anrcaccount said:

 

Reality > Theoretical Understanding of Law

 

Multiple reports continue to come in of people being unable get a TIN in the real world.

 

Your view is:

 

-  People should lie to the TRD in order to obtain a TIN
- TRD officials are lying, as their actions don't agree with your theoretical understanding of the law
- Anyone not "smart enough" to get a TIN, shouldn't contemplate living in Thailand

 

 

The mind boggles.
 

You can continue baiting until the cow's come home, nobody pays any attention any more, we've all come to understand it's all you ve got and the best you can manage.

[Talon]

13 minutes ago, chiang mai said:

Makes me wonder how some people actually survive here, day to day. Don't want to lie, don't want to pay an agent, have you considered writing to your MP!

 

Following up with more condescension. 

[chiang mai]

16 minutes ago, Talon said:

 

Following up with more condescension. 

So tell us oh wise one, what are your realistic options? You won't lie, don't wanna pay, you going to try debating the issue with them!

[NoDisplayName]

4 hours ago, Talon said:

 

I have never cared about that in the least.

 

But you asked.

[ChaiyaTH]

19 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.

That's the most retarded thing I read on this forum in years. It's actually the opposite, you have to be very stupid to get a TIN. It's already clear who is the boss at your house, the wife lol. Do you also jump of bridges when others do it?

Edited yesterday at 12:26 AM by ChaiyaTH

[chiang mai]

4 minutes ago, ChaiyaTH said:

That's the most retarded thing I read on this forum in years. It's actually the opposite, you have to be very stupid to get a TIN. It's already clear who is the boss at your house, the wife lol. Do you also jump of bridges when others do it?

I got one 15 years ago, because I have Thai income and a business here, It's difficult to pay tax without one, how retarded is that, bright boy!

[Yumthai]

1 hour ago, chiang mai said:

Makes me wonder how some people actually survive here, day to day. Don't want to lie, don't want to pay an agent, have you considered writing to your MP!

Usually people lie, bribe or pay for a "service" to get something that benefits to them. Begging for a TIN in order to pay taxes is not what can be called a benefit, except maybe for masochists.

[Rolo89]

I was thinking about getting a TIN just in case I had banking issues.

 

But if I get it and don't end up spending 180+ days I won't pay tax so that shouldn't disadvantage me right?

[garygooner]

Can someone clarify once and for all what the tax allowance is for:

a)  65 years old & married 

b)  60 years old & single 

I've read some different opinions. 

[Antti]

34 minutes ago, garygooner said:

Can someone clarify once and for all what the tax allowance is for:

a)  65 years old & married 

b)  60 years old & single 

I've read some different opinions. 

All that could be a moot point anyway if the Thai revenue department works like other branches of the government, i.e. they can decide what they want regardless of the laws and regulations. You might think you have all your ducks in a row but a Somchai in a provincial RD office just says ”you pay”. Then what you do? 

[jwest10]

4 hours ago, chiang mai said:

I got one 15 years ago, because I have Thai income and a business here, It's difficult to pay tax without one, how retarded is that, bright boy!

So you should have one and many of us have no business or income in Thailand

[Eudaimonia]

A news story claims that "all expats living in Thailand for more than six months in 2024 will be required to file an income tax return."

 

"New tax requirements for long-term residents begin January 2025, with first filing deadline March 31."

 

https://www.thaiexaminer.com/thai-news-foreigners/2024/10/30/new-citizenship-path-for-foreign-residents-in-thailand-agreed-by-cabinet-interior-ministry-to-frame/

 

My take: This article is mostly about citizenship, not taxation, so this part is likely to be the journalist's own (and possibly incorrect) interpretation rather than something actually communicated by the government spokesman.

[Talon]

6 hours ago, Yumthai said:

Usually people lie, bribe or pay for a "service" to get something that benefits to them. Begging for a TIN in order to pay taxes is not what can be called a benefit, except maybe for masochists.

 

Exactly. 

[Dcheech]

50 minutes ago, Eudaimonia said:

My take: This article is mostly about citizenship, not taxation, so this part is likely to be the journalist's own (and possibly incorrect) interpretation rather than something actually communicated by the government spokesman.

I agree. However this article, plus the links in it, to older Thai Examiner articles about expat tax, could cause our resident TAX expert shop talkers heads to explode. With luck they will never know this article & the others, exist. A potential nightmare has been averted on Hallows Eve.

[chiang mai]

18 hours ago, garygooner said:

Can someone clarify once and for all what the tax allowance is for:

a)  65 years old & married 

b)  60 years old & single 

I've read some different opinions. 

It is not a single fixed figure In either case, it depends on what you as an individual are entitled to.  In both cases, the 60k personal allowance applies. The married person can claim their wife, assuming she doesn't work or file her own return where it is more cost effective to file jointly.

 

The over 65 year old can claim a deduction for their pension income but the under 65 can do similar for their non pension income. The big difference between the two is that the over 65 can claim an allowance based on old age. On top of those things are other variables such as allowances And deductions for various financial products.

 

I'm sorry there is no single simple black and white answer.

[Rimmer]

Baiting post and reply remioved

[redwood1]

21 hours ago, garygooner said:

Can someone clarify once and for all what the tax allowance is for:

a)  65 years old & married 

b)  60 years old & single 

I've read some different opinions. 

Start on page #1 and then page #2 and then......

[StraightTalk]

On 10/30/2024 at 8:12 PM, JimGant said:

Indeed. And Lister certainly was not qualified. Fortunately, he's gone -- but where?

And you're still bitter about why he was chosen as moderator over you... That decision really says it all.

On 10/30/2024 at 8:19 PM, JimGant said:

Why would anyone care about what you care about.......

Your inflated ego and legendary refusal to engage with anything but condescension is truly remarkable. And your professional jealousy is brought out.

[tomkenet]

On 10/30/2024 at 8:12 PM, JimGant said:

Indeed. And Lister certainly was not qualified. Fortunately, he's gone -- but where? Sadly, his echo continues here.

We should all be thankful to his effort to make the very useful tax-guide.

[BritManToo]

Just now, tomkenet said:

We should all be thankful to his effort to make the very useful tax-guide.

It's all rumour, misinformation and scaremongering, so no thanks from me.

[JimGant]

1 hour ago, StraightTalk said:

And you're still bitter about why he was chosen as moderator over you

 You can't be serious.....   Why would anyone want to be a moderator?  Are you somehow implying that I applied for moderator -- and was turned down?  Ludicrous.

[Captain Flack]

An off topic troll post has been removed.

 

Can we please discuss the topic and drop the personal attacks @redwood1

[chiang mai]

I strongly recommend this thread is closed, the constant refusal by the same few members to debate tax and engage only in personal attacks suggests the thread is no longer valuable. @Captain Flack

Edited 1 hour ago by chiang mai

[Captain Flack]

3 minutes ago, chiang mai said:

I strongly recommend this thread is closed, the constant refusal by the same few members to debate tax and engage only in personal attacks suggests the thread is no longer valuable. @Captain Flack

 

There is still valuable information being posted in this topic, so I am not yet prepared to close the topic.

 

So if any future posts are reported for off topic, baiting or personal attacks, then I am happy to give posters a suitable time out.

 

I repeat, I am not here to censor opinions or the debate, but I suggest if you have nothing constructive to add to that debate then move on and stop trying to deflect the topic with pointless trolling.

[Danderman123]

On 10/31/2024 at 2:07 AM, NoDisplayName said:

 

Then you give them a reason for why you need one.

 

You have a bank account, earning interest, with tax withheld.  You will file a tax return to get the withheld tax refunded.

 

For that, you need a TIN.....or your pink ID card.

 

Activation of pink ID number was easy....at my particular rural TRD office.  Office lady called the provincial office, completed while we waited.

Unless you have many millions in a Thai bank, your savings account interest is only going to be a few baht.

[Danderman123]

22 hours ago, Eudaimonia said:

A news story claims that "all expats living in Thailand for more than six months in 2024 will be required to file an income tax return."

 

"New tax requirements for long-term residents begin January 2025, with first filing deadline March 31."

 

https://www.thaiexaminer.com/thai-news-foreigners/2024/10/30/new-citizenship-path-for-foreign-residents-in-thailand-agreed-by-cabinet-interior-ministry-to-frame/

 

My take: This article is mostly about citizenship, not taxation, so this part is likely to be the journalist's own (and possibly incorrect) interpretation rather than something actually communicated by the government spokesman.

It doesn't matter if the tax stuff is only a paragraph, the "required to file a tax return" is new news.

[Danderman123]

On 10/31/2024 at 11:55 AM, Antti said:

All that could be a moot point anyway if the Thai revenue department works like other branches of the government, i.e. they can decide what they want regardless of the laws and regulations. You might think you have all your ducks in a row but a Somchai in a provincial RD office just says ”you pay”. Then what you do? 

And that is my rationale for not wanting to file a Thai tax return - once you file, then any Somchai in the RD can effectively empty your bank account.

 

Nothing you can do about it.