Jump to content

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


Recommended Posts

13 hours ago, chiang mai said:

You are no longer discussing the assessability of cc transaction and are instead exploring ways to evade tax.

You are in no position to provide proof to your claim.

  • Confused 1
Link to comment
Share on other sites

On 10/18/2024 at 11:11 AM, chiang mai said:

I am more than pretty sure, I am certain in my own mind that is the case. The logical reasoning has been set out numerous times by various members, ATM withdrawals and electronic funds transfers are only the transport mechanism, just as carrying cash on a [lane is the transport mechanism. If TT remittances are potentially tax assessable, so is every other form of transport.

You cannot be sure as there is no proof, but still you are . Again there is no logic when it comes to dealing with tax law in any country and especially not in wonderful TH.

Edited by stat
  • Confused 1
Link to comment
Share on other sites

14 hours ago, anrcaccount said:

 

Hard disagree -it is perfectly reasonable to say something is unconfirmed, because....... it is unconfirmed!

 

It's also reasonable to state an opinion that something might be untrue, that's just as valid an opinion as stating 'you're certain' , in the absence of any confirmation. 

 

 

A point very well made!

  • Sad 1
Link to comment
Share on other sites

8 hours ago, chiang mai said:

I disagree with respect to logic and the laws of finance.

 

Your home country revolving credit agreement obliges the credit card company to pay, on your behalf, the cost of any goods or services that you authorise and in turn obliges you the cardholder to reimburse the credit card company.

 

In Thailand, you offer up your credit card as payment for the rent on your Bangkok apartment. The landlord accepts the offer and is provided with consideration, by the credit card company., on your behalf. Therein, the three essential components of any contract have been met, offer, acceptance and consideration and significantly, that contract was made in Thailand.

 

When the credit card company pays the landlord, the remittance has been made, on your behalf, for goods or services you specified and received whilst in Thailand.

 

With respect to iHerb: importing goods into Thailand using a foreign credit card strikes me as not Thai assessable (given all the usual criteria about the source of funds used to pay the bill)/

You are mixing up finance with tax law...

  • Sad 1
Link to comment
Share on other sites

Regarding the debate about cc transaction.

 

Why not take out a loan and pay the loan back several years later (when not in TH)? Should be OK in my mind.

 

My favorite still is to have the relatives pay my rent directly and hence gift me the money that should be OK in my book. In a lot of jurisdictions in the west it makes perfect sense to gift some money to your children.

 

My parents could even rent the house outright under their own names and I just life there as a caretaker.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...