world wide income taxation update

[KhunHeineken]

9 hours ago, dinga said:

ALL YOU HAND-WRINGING CHICKEN LITTLES......

 

take a look at today BP where the TRD talks about reducing Income Tax collections globally providing the impetus for countries to move towards comprehensive tax reforms - in the Thai context = including progressively raising the 7%  VAT and imposing Wealth Taxes on Thai's who previously had escaped the RTD net by stashing wealth offshore.  The latter is the context for the push for disclosure of WW income.  

 

Farangs may (eventually) suffer collateral damage but we ain't the targets....

I've never suggested expat retirees were targets, or being targeted.  

 

Expat retirees simply meet the definition of a resident of Thailand for tax purposes, being in Thailand for 180 days, thus, are open to being taxed the same a Thai national who may also be a resident of Thailand for tax purposes.