what money is taxed 2024 ?

[The Cyclist]

3 minutes ago, NoDisplayName said:

Claiming an exemption per DTA or applying a tax credit is currently UNpossible under the current system with the current forms,

 

Current forms being the operative words.

 

You still cannot see beyond Thailand. Despite me spelling it out and providing the forms.

 

The UK joined CRS in 2017.

 

SA106 Foreign Income tax form  was introduced for UK tax year 2018 -19.

 

Thailand joined CRS in 2023

 

Foreign income forms will follow.

 

Go around the rest of the CRS Countries and check out what " Foreign Income " forms that they introduced after joining CRS

 

But, hey. You go right ahead and believe that Thailand will not be doing the same.

[NoDisplayName]

5 minutes ago, The Cyclist said:

You still cannot see beyond Thailand. Despite me spelling it out and providing the forms.

 

Dude, we are in Thailand, subject to Thai tax law.

Not UK law, not French law, not Micronesian law.

Don't care what THEY do.

Don't care what THEIR forms contain.

 

We follow Thai law, using Thai forms.

The Thai language forms have been issued.

The English versions, when they arrive, will not be different.

 

Do you expect the potentially hundreds of thousands of Thai households receiving non-assessable remittances from overseas will have to refile in a week or a month, or perhaps the end of March when new English forms become available?

 

Happen it will not.

[topt]

13 minutes ago, The Cyclist said:

SA106 Foreign Income tax form  was introduced for UK tax year 2018 -19.

Well...quick search, and my memory, said it was available well before then.

I have come across an "archived copy from 2015 .......

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/434028/sa106_2015.pdf

[The Cyclist]

1 minute ago, NoDisplayName said:

Dude, we are in Thailand, subject to Thai tax law.

 

Another sad individual that does not understand or comprehend that an International agreement, not only trumps Thai domestic law ( including Thai Tax Law ) but takes precedent over it.

 

That International Agreement is called CRS

 

Thailand signed up to that, with the publication of the Royal decree on 31 March 2023.

 

No new laws, or changes to any laws are required. It was done and dusted with the publication of the Royal Decree.

 

Just like DTA's ( International Agreements ) Trump and take precedent over Thai Domestic tax Law.

 

Perhaps Thailand will come to understand that signing up to it wasn't such a great idea after all, and withdraw from it, but until such times as that it does, it will comply with CRS.

 

And part of that is having Foreign Income declared, to ensure tax compliance and no engagement in tax evasion.

 

Hence the UK's SA106 and all the other forms that CRS Countries use.

[NoDisplayName]

3 minutes ago, The Cyclist said:

Hence the UK's SA106 and all the other forms that CRS Countries use.

 

When Thailand have SA106 or equivalent, we use that, m'kay?

 

Today, they no have.

Tomorrow, no have.

No use Ingritch form.

[anrcaccount]

10 minutes ago, The Cyclist said:

Perhaps Thailand will come to understand that signing up to it wasn't such a great idea after all, and withdraw from it, but until such times as that it does, it will comply with CRS.

 

And part of that is having Foreign Income declared, to ensure tax compliance and no engagement in tax evasion.

 

No, you've been told multiple times and shown clear sources that prove CRS compliance has nothing to do with declaring "foreign income" , yet you continue to post misinformation,  bordering on conspiracy theories.

 

Thailand doesn't need to do anything, apart from ask its FIs/Banks to share a data file once a year, to comply with CRS.

 

Based on the sources available, this hasn't even started to occur yet.

 

10 minutes ago, The Cyclist said:

 

Hence the UK's SA106 and all the other forms that CRS Countries use.

 

 

You've also been shown, that these SA106 forms pre-dated the CRS data sharing regulations, so again, the link only exists in your head. 

[The Cyclist]

13 minutes ago, topt said:

Well...quick search, and my memory, said it was available well before then.

I have come across an "archived copy from 2015 .......

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/434028/sa106_2015.pdf

 

archived yes, according to website it was first used in 2018 / 19 tax year.

 

https://www.gov.uk/government/publications/self-assessment-foreign-sa106#full-publication-update-history

 

Up until April 2018 it was just a form. From April 2019 it became the SA 106

[The Cyclist]

Just now, anrcaccount said:

No, you've been told multiple times and shown clear sources that prove CRS compliance has nothing to do with declaring "foreign income" , yet you continue to post misinformation,  bordering on conspiracy theories.

 

Actually, no I haven't,  and because you keep saying it does not make it true.

 

How can tax evasion and tax compliance under CRS be carried out without reporting income sources ?

 

Low value accounts in Thailand becoming reportable from 01 Jan 2024.

 

Guessswork and a cross my heart, hope to die, I am telling the truth does not work for International Agreements

 

 

[jesimps]

6 hours ago, jwest10 said:

Dta agreenent Thailand/ uk Yes some have a uk State Pension and some of us have it transfered by the DWP each month for years in to our Thai bank accounts while others have it sent to their UK bank Yes this is then taxable if transmitted to Thailand but those who have it direct to Thailand the funds are not accessible correct

Yes, you are correct. Under the Double Taxation Agreement (DTA) between Thailand and the UK, the UK State Pension is generally only taxable in the country of the recipient's residence. For those who have their UK State Pension transferred directly to their Thai bank accounts, the funds are considered non-assessable income in Thailand and do not need to be declared on your Thai income tax form2.

However, if the pension is first sent to a UK bank account and then remitted to Thailand, it becomes taxable in Thailand under the remittance basis of taxation. This means that any foreign income brought into Thailand during the year it is earned is subject to Thai taxes.

If you have any more

 Unless you're a UK ex-government worker as stated in the DTA found on the GOVUK website.

[jesimps]

6 hours ago, Jingthing said:

Anecdotal. 

That doesn't mean that a year or two from now that that office won't start auditing people and encouraging people that DO have accessable income to file. 

Consider that she might not even know yet that not all foreign retirement income types are excluded.

Consider the extra work dealing with complicated foreign stuff for nationals of countless nations when it is probably true that a strong majority will end up owing no tax (but some would). 

Human nature to shoo you away.

But nobody can predict whether and when their attitude might change.

True, but she was hardly going to sign a written affidavit or allow me to video her refusing my request. What's the solution Sherlock? Threaten to pull funny faces at her??

[jesimps]

5 hours ago, Jingthing said:

Many people still seem to need the saying about starting to keep records because you never know. 

I haven't seen anyone state that they don't intend to keep records.

[Bday Prang]

14 hours ago, Celsius said:

Another tool goes to revenue department to ask questions. Revenue departments confirms for the millionth time foreigners who don't work in Thailand don't have to pay tax.

 

If you really want to pay tax, just file a tax return and give them money. Leave the rest of us ALONE.

not often I agree with Celsius but this time I think he is 100% on the ball. Well said indeed. 

  This issue is similar to covid in so much that some people have become consumed  by anxiety and have made some rather strange decisions as a result,  the same people are desperate to convince others to behave in the same way as them in an attempt to validate their own behaviour.

        like those who got all stroppy over people not wearing masks outdoors or when alone in a car, jail time was called for , but the same people had no issues taking masks off to eat    

         A rumour starts, ostensibly from the "authorities"  and a small group of "sheeple" do the rest without even being asked.

         My worry is that these fools have now created a self fulfilling prophecy,  The revenue department must be getting overwhelmed by all these strange farangs desperate to pay them money, It wont be long before they start accepting it. 

[NanLaew]

On 1/14/2025 at 6:06 PM, Jingthing said:

So he didn't even ask you what were the specific sources of your outside Thailand income remitted to Thailand?

I'm sure others have heard such things but I would be skeptical because we know for a fact that some types of income remitted to Thailand definitely are taxable in Thailand.

But that's different than an office saying and following through on having no interest in ENFORCING that.

Kind of joking but I guess it would have been rude to ask him to give you a signed document to the effect of what he said.

 

We also know "for a fact" that the people making a lot of noise or offering advice and opinion about the income tax liabilities of foreigners are as much in the dark as anyone else, including many RD staff throughout this blighted realm.

[NanLaew]

38 minutes ago, Bday Prang said:

not often I agree with Celsius but this time I think he is 100% on the ball. Well said indeed. 

  This issue is similar to covid in so much that some people have become consumed  by anxiety and have made some rather strange decisions as a result,  the same people are desperate to convince others to behave in the same way as them in an attempt to validate their own behaviour.

        like those who got all stroppy over people not wearing masks outdoors or when alone in a car, jail time was called for , but the same people had no issues taking masks off to eat    

         A rumour starts, ostensibly from the "authorities"  and a small group of "sheeple" do the rest without even being asked.

         My worry is that these fools have now created a self fulfilling prophecy,  The revenue department must be getting overwhelmed by all these strange farangs desperate to pay them money, It wont be long before they start accepting it. 

 

I agree as well. I just shake my head at the "sheeple" who, overcome with panic wrought of ignorance, have closed their hard-won Thai bank accounts, terminated their affordable Thai rental agreements, sold the microwave and floor fan, given their Scoopy to the girlfriend and buggered off to Cambodia already.

[Jingthing]

2 hours ago, NanLaew said:

 

We also know "for a fact" that the people making a lot of noise or offering advice and opinion about the income tax liabilities of foreigners are as much in the dark as anyone else, including many RD staff throughout this blighted realm.

At this point yeah it's all quite the wild east mess.

 

 

 

 

 

[Jingthing]

8 hours ago, jesimps said:

I haven't seen anyone state that they don't intend to keep records.

Keeping defensable records when the source account contains a mix of types of sources and also spending is actually quite complicated. 

[NanLaew]

5 minutes ago, Jingthing said:

Keeping defensable records when the source account contains a mix of types of sources and also spending is actually quite complicated. 

 

It is if you have a relatively complex income 'portfolio' but decide to do DIY accountancy rather than hire a professional accountant and/or tax adviser where your income streams are nested.

[TheAppletons]

10 hours ago, The Cyclist said:

 

Actually, no I haven't,  and because you keep saying it does not make it true.

 

How can tax evasion and tax compliance under CRS be carried out without reporting income sources ?

 

Low value accounts in Thailand becoming reportable from 01 Jan 2024.

 

Guessswork and a cross my heart, hope to die, I am telling the truth does not work for International Agreements

 

 

 

  Here we go again.....

 

  You keep hijacking every single tax thread with your own fabricated version of what CRS reporting is/does.  It is not a transactional level view.  It reports account balance at the end of the year.

 

  Here's what CRS reporting provides (note that it says nothing about individual transactions/remittances):

 

- Name, address, Taxpayer Identification Number (TIN) and date and place of birth of each Reportable Person.

 

- Account number

 

- Name and identifying number of the reporting financial institution;

 

-Account balance or value as of the end of the relevant calendar year (or other appropriate reporting period) or at its closure, if the account was closed.

 

- Distributions made to the account (dividends, interest, gross proceeds/redemptions, other)

 

https://en.wikipedia.org/wiki/Common_Reporting_Standard#:~:text=Information exchanged,-The information and&text=Name%2C address%2C Taxpayer Identification Number,Account number

 

I can't decide if you're simply clueless, a troll, or a paid tax advisor.

 

 

[The Cyclist]

28 minutes ago, TheAppletons said:

I can't decide if you're simply clueless, a troll, or a paid tax advisor.

 

You will need to come with something better than wiki.

 

Neither, just someone who is aware of how International Treaties work

 

So how does your Wiki link answer this ?

 

9 hours ago, The Cyclist said:

How can tax evasion and tax compliance under CRS be carried out without reporting income sources ?

 

A Revenue Department ( Other Tax Authority name )  obligation, not a bank obligation.

And here is another for one for you to contemplate.

 

33 minutes ago, TheAppletons said:

Name, address, Taxpayer Identification Number (TIN) and date and place of birth of each Reportable Person.

 

3 Thai bank accounts, not one of them have an individual tax identifier ( NINO ) for me. Going even further, there is not a single Thai entity that has my NINO.

 

You, and others, keep believing that changes will not be happening.

 

 

[Card]

16 hours ago, MartinL said:

 

I've just come back from my local District Tax Office, the 3rd. time I've been there in my 15 years in Thailand.

 

On the previous 2 occasions I was told 'No income earnt in Thailand = No income tax to pay'. 

 

This time I was expecting something different and told them I'd stayed in Thailand >180 days, had sent foreign-source already-taxed income to Thailand and had received a miniscule sum in interest on my savings account but No, exactly the same answer. They weren't interested in any details. I was refused a TIN because I have no earnings in Thailand. I was told, however, that things might change in the future - maybe the TO people are waiting for proper instructions from their senior people.

 

Everything in these tax threads might be telling us that conclusion is wrong but the Manager of this TO was convinced his interpretation was correct for the time being - and why wouldn't he be? - and I've now decided that the likes of me and all the AN membership won't change that interpretation so those of us who've been denied a TIN will just have to live with it and hope the tax investigators understand that we asked for and were refused TINs. Not a lot we can do about that.

I suggest you can get help from an agent ti get a TIN instead of going yourself. The lack of earnings in thailand does not mean you do not need to file a tax return. At least get the person u spoke yo at tge Thai tax office to.put what he said in writing which may prove difficult otherwise you have no defence against non compliance

[novacova]

On 1/14/2025 at 6:02 PM, Carver2 said:

HI   Talked to Lamphun Revenue Dept. and also Chiang Mai Revenue Dept. When I asked about taxation of foreign income I was told that retirees don't pay tax only people that work in Thailand or have income from Thailand  have to pay income tax . Has anyone else received a similar response from the revenue dept. ?

You don’t need to pay taxes here unless you’re generating income here. So forget about it and don’t worry about it and don’t look back.

[chang50]

29 minutes ago, novacova said:

You don’t need to pay taxes here unless you’re generating income here. So forget about it and don’t worry about it and don’t look back.

i would add you have done all you can as many others have and that tax officers are the last people anyone wants to upset by repeatedly asking.

[TheAppletons]

3 hours ago, The Cyclist said:

 

You will need to come with something better than wiki.

 

  Better than what you have provided as "proof" of your conspiracy theory.  

 

 "How can tax evasion and tax compliance under CRS be carried out without reporting income sources ?"

 

  By providing transparency into the asset values held in overseas accounts, reported annually.  Unusually large asset values - without a correspondingly large tax bill - create the internal trigger for audit/review.  Individual remittances do not, unless unusually large.  

 

  It's laughable that your "deep state" is going to monitor every single remittance from every single tax resident and question its source.  Unfortunately, your tunnel vision obscures the remnants of your sanity.

 

  (Last response to any of your ridiculous posts.  Others can decide for themselves whether to read your drivel, I won't.)

[sandyf]

21 hours ago, CharlesHolzhauer said:

It appears you’re having difficulty fully grasping what has been written. It would be more constructive if you took the time to do your homework rather than clutching at straws and making unfounded assumptions. Oh well.

It is you that should do the homework

The English language allows for a Non O immigrant visa based on retirement to have an abreviated adjective and can be referred to as a "retirement visa".

[thaibreaker]

On 1/15/2025 at 2:27 PM, CharlesHolzhauer said:

Which is evidently wrong.

So what do you call a 90 days Non Imm. O visa, based on retirement? That is certainly a visa, which is based on retirement. The normal and logical term for that is a retirement visa. Everyone uses that term, even visa agents and immigration.

 

The extensions are not a visa (those are permissions to stay), but your first 90 days Non O, definitely is.

[thaibreaker]

28 minutes ago, sandyf said:

It is you that should do the homework

The English language allows for a Non O immigrant visa based on retirement to have an abreviated adjective and can be referred to as a "retirement visa".

Exactly! Even the Immigration officers use this term themselves. 

The 90 days Non O visa based on retirement is certainly a visa, that is undeniable.

[KhunHeineken]

On 1/14/2025 at 11:02 AM, Carver2 said:

HI   Talked to Lamphun Revenue Dept. and also Chiang Mai Revenue Dept. When I asked about taxation of foreign income I was told that retirees don't pay tax only people that work in Thailand or have income from Thailand  have to pay income tax . Has anyone else received a similar response from the revenue dept. ?

Can you get the staff at Lamphum and Chiang Mai to tell their bosses the same thing? 

[oldcpu]

On 1/15/2025 at 12:04 PM, jensmann said:

Due to the DTA between Germany and Thailand my Pension is taxable in Thailand.

Udon Thani Revenue Office !!!

Only if you remit your German pension to Thailand.

 

Possibly you have no choice and need to bring that pension income into Thailand ASAP for living expenses.  But if you have a lot of pre 1-Jan-2024 income/savings, you could bring that savings money into Thailand instead. That is exempt tax.

 

Only when the amount of pre-1-Jan-2024 money runs out will you then need to bring that post 31-Dec-2023 German pension into Thailand, and yes, at that time, you may be required to pay Thai tax on it.

[CANSIAM]

I transferred in 2024, a whopping 3,500 USD (about 120,000 baht) from abroad to my USD account in Thailand. Do I need to rush to a TIN office attempt to speak with people there who seem from reading here on AN, don't have any idea why you want a TIN ?  

[Jingthing]

20 minutes ago, Phillip9 said:

 

 

 

 

https://thaiconsulatela.thaiembassy.org/en/publicservice/non-immigrant-type-o-retirement

Interesting.

I wasn't aware that LA was doing 90 day O visas for retirement.

Obviously with that you go to Thailand and get an annual extension.

I had thought they only did the inferior O-A one year visas for retirement.

Years ago I started with a 90 day O visa. Never labelled retirement. But at that time at my local consulate saying "exploring retirement" was accepted as reason.