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Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part II


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6 hours ago, Lorry said:

So, easy solution:

Just feel free to bribe the tax official if they ever want your taxes.

Where is the problem? 

There is problem for people who see it. Corrupted states have pros/cons.

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6 hours ago, K2938 said:

Any views on the likelihood of Thailand actually going ahead with the announced plan to not only tax remitted, but global income regardless of remittance?  Thanks.

There have been many views on this ranging across all parts of the spectrum from will happen soon to no chance. However since there has been no new official news it is all pure speculation.

Even a small separate thread - https://aseannow.com/topic/1337570-world-wide-income-taxation-update/

 

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On 10/10/2024 at 2:20 AM, chiang mai said:

If you want to debate this issue with me, you must try harder to remain focussed on the things being discussed

Shouldn't the guidance for this thread come from the OP? (chuckle, chuckle)

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37 minutes ago, StraightTalk said:

Ah, the disruptors are back at it. When you can't engage in meaningful dialogue, you resort to disruption and chaos—because thoughtful discussion clearly isn't your strong suit. Time and again, 'chiangmai' has proven you, the so-called CPA from the USA, wrong. It’s time you step aside and let those with real insight carry the conversation, rather than interrupting with your desperate attempts for attention. It's become truly embarrassing.

Agreed.

Having said that, Gant is actually useful, if repetitive.

Others of the disruptors are just so boring I don't read them anymore.

 

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I have again had to removed posts that seem obsessed with discussing other posters and not the topic. If you have a different opinion then challenge in the topic.

 

All that is achieved by discussing other posters is that your posts and all replies are removed and any good, valid points you have are lost.

 

 

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14 minutes ago, Lorry said:

Others of the disruptors are just so boring I don't read them anymore.

Other posters like 'stat' seems to think we're all impressed by his self-proclaimed title of "consultant." It's just another case of an overblown ego and arrogance.

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1 hour ago, JimGant said:

Shouldn't the guidance for this thread come from the OP? (chuckle, chuckle)

The author of a post is far less important than the information being conveyed. Most evaluate posts based on their content and facts, not on who wrote them. Making assumptions about the author’s identity, especially when the post is accurate and well-written, is a clear attempt to derail the discussion. Frankly, it’s getting tiresome.

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6 minutes ago, StraightTalk said:

The author of a post is far less important than the information being conveyed.

So from your point of view it's ok to use multiple accounts and post under different names as long as content is valuable? It's not.

Edited by Yumthai
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1 minute ago, Yumthai said:

So from your point of view it's ok to use multiple accounts and post under different names? It's not.

Responding to this would only take the discussion further off-topic and away from the point of this thread.

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Air tickets,  revisited:

Buying a ticket out of Thailand to the US and paying with my foreign CC may or may not be a remittance,  this has been discussed extensively,  at least 3 times. So please don't start this discussion again.

 

What if someone else, living abroad,  pays with their foreign CC? I wouldn't even have to reimburse them,  they owe me money. 

 

IIRC, this also has been discussed a long time ago,  and the answer was,

- in the UK, HMRS would consider this a remittance

- in Thailand, probably too

- this would effectively mean all tickets out  of  Thailand are taxed,  and someone recommended to fly to a neighboring country first,  and buying the long-haul ticket there 

 

Do I remember correctly?

 

 

 

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2 hours ago, Yumthai said:

So from your point of view it's ok to use multiple accounts and post under different names as long as content is valuable? It's not.

I have only ever had one account, I’ve had this one since 2006.

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1 hour ago, Lorry said:

Air tickets,  revisited:

Buying a ticket out of Thailand to the US and paying with my foreign CC may or may not be a remittance,  this has been discussed extensively,  at least 3 times. So please don't start this discussion again.

Difficult to address your questions without starting it again, but I'll try.

 

 

1 hour ago, Lorry said:

 

What if someone else, living abroad,  pays with their foreign CC? I wouldn't even have to reimburse them,  they owe me money. 

 

Of course, this has no Thai tax implications at all for the "someone else", assuming they are a Non resident. 

 

It has no Thai tax implications for you, either. 

 

 

1 hour ago, Lorry said:

IIRC, this also has been discussed a long time ago,  and the answer was,

- in the UK, HMRS would consider this a remittance

- in Thailand, probably too

- this would effectively mean all tickets out  of  Thailand are taxed,  and someone recommended to fly to a neighboring country first,  and buying the long-haul ticket there 

 

Do I remember correctly?

 

 

 

 

This is an example of the kind of scenario that makes foreign credit card spending simply unenforceable / non auditable. 

 

You get into the realm of the absurd - Like what airline was the ticket brought from ( was it Emirates, or Thai Airways etc)  and then that ludicrous example of leaving the country to purchase the ticket.........as if the exact location of the individual while the transaction was made makes a difference!! 

 

Spending isn't taxable under Thailand PIT. Income is taxable, if declared as income and assessed. 

 

If you want to declare assessable foreign income that you transferred from one foreign account to another, to pay off a credit card used for a transaction in Thailand, as a remittance of foreign income to Thailand, go ahead.

 

You'd probably be the first individual to ever do so. 

 

But the idea of being in another country when the ticket is bought, won't make any difference. 

 

 

 

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5 minutes ago, chiang mai said:

I have only ever had one account, 

 

Right.

 

So is there any reason you didn't make a single tax related post on this forum between the time the multiple "Tax Guide" threads were created by user Mike Lister, and when that account ceased posting?

 

Then, when user Mike Lister ceased posting, you immediately became the most active poster on every tax thread created by him?

 

It's difficult to see that as a coincidence, and that, amongst many other coincidences, is why it keeps being pointed out to you. 

 

 

 

 

 

 

 

 

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