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Obtaining a Thailand tax ID #


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Seeing as how their is a good possibility foreigners residing in Thailand for more then 180 days will have to do a thai tax return for their personal income and investments, do you think it is important to obtain a tax id # now? If this proposal to tax foreigners income and investments is passed and comes into law, their will be a mad dash by 1000's of expats to obtain a tax id # in order to comply with the thai tax Revenue Dept regulations and requirements to file a thai tax return. If one does obtain a tax id now and this tax scheme is not passed, then so be it, and one will be out a few thousand baht for obtaining a tax id now. But, if an expat  waits to see if the tax proposal is eventually passed into law, then one will have to get into the queue, along with 1000's of other expats, in order to apply and obtain a thai tax id # from the thai Revenue Dept should the tax proposal be passed into law. As they say in Thailand up to you.

Edited by watgate
corrected a grammatical error
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