Thai tax tangle: Expats warned of new rules on overseas income

[KhunHeineken]

3 hours ago, motdaeng said:

don't ask us (aseannow members), ask the TRD ... but hey, it's up to you ... do whatever makes you happy .

Exactly.

 

All these threads / posts challenging other people's strategies, just because they are different to theirs.

 

Everyone should just do what they want.  

 

All I know is, I will have a document from the TRD that I am prepared to pay for, so I have no worries for the next 12 months.  Simple as that.   

[KhunHeineken]

21 hours ago, CallumWK said:

Nothing like that has been reported by members, since there isn't such a claim yet.

Rubbish.

 

Members have reported filing, declaring, paying or not paying, and leaving with a document proving so.

 

As some other members have said, do what you want.  No one cares.  Don''t look for any justification on this forum.  

 

I will file, declare, pay some tax, and have a document proving so.  Will I need said document this year, probably not.  Will I need said document in the future, in my opinion, yes, it will be needed.  

 

Goof Luck to everyone with whatever decision they make, but I know I will be able to prove I have complied. 

[NoDisplayName]

30 minutes ago, KhunHeineken said:

There have been several posts from members who have filed, declared, paid or not paid, and been issued a document for the TRD. 

 

Oh, now it's "a document"?  They received the normal tax receipt everyone gets upon filing. 

 

No reports of anyone getting the coveted "Tax Clearance Certificate."

 

32 minutes ago, KhunHeineken said:

They then allowed him to file, declare, and leave the office with the magic piece of paper which means he will have no troubles in the future.  

 

Sure.  Plain old ordinary tax receipt.

 

32 minutes ago, KhunHeineken said:

I suggest you be the test case for the forum for doing nothing in relation to this Thai tax policy.  We can follow your progress, or otherwise.  

 

I filed already, sweetie.  Got me refund, as well.

 

How 'bout you?

 

Gonna submit a return and get the majikal certificate, or just continue to monger your scares?

[NoDisplayName]

27 minutes ago, KhunHeineken said:

All I know is, I will have a document

 

7 minutes ago, KhunHeineken said:

I will file, declare, pay some tax, and have a document

 

"Talkers are no good doers."

  ~William Shakespeare

[JimGant]

2 minutes ago, KhunHeineken said:

Will I need said document in the future, in my opinion, yes, it will be needed.

Yeah, I see your point. It makes sense that Imm will want to see a certificate from every farang exiting Thailand that they've met with TRD, and gotten approval that their tax situation is in order. Of course, Imm will have to spend some time to determine whether or not the exiting farang is a tourist, or a Thai tax resident. Say, ten minutes to validate. Extra Imm personnel then needed, to alleviate the subsequent backlog of exiting flyers.

 

Now, say there are 300,000 farang retirees in Thailand, of which only 10% have enough assessable income to bother TRD annually with filing a tax return. But, for the other 90% of farangs, who don't require filing a tax return -- they're now going to have to file a null tax return, in order to get a piece of paper allowing them to exit the country, or to renew their visa extension. So, TRD has to hire another 10,000 agents to process these 270,000 farangs -- but since these 270k farangs add exactly nothing to the tax coffers, those 10,000 new agents are just a blight on the efficiency of TRD -- at a huge cost....

 

......nevermind.

[KhunHeineken]

8 minutes ago, JimGant said:

Of course, Imm will have to spend some time to determine whether or not the exiting farang is a tourist, or a Thai tax resident. Say, ten minutes to validate. Extra Imm personnel then needed, to alleviate the subsequent backlog of exiting flyers.

 

Huh? 

 

When immigration scan an individual's passport at an airport, they know within seconds if that individual is an overstay, or not.  

 

With a simple software tweak, they will know if more than 180 days in the calendar year. 

 

If so, it ill probably go as follows:

 

IO: Do you have tax paper?

 

Tax Resident:  No.

 

IO:  You must go over to that desk.

 

Tax Resident:  Ok.  

 

All done in 1 minute at the first immigration check point.  Tourists will not be inconvenienced.

 

Now, at the TRD desk for the tax resident, that's a different matter. 

 

14 minutes ago, JimGant said:

Now, say there are 300,000 farang retirees in Thailand, of which only 10% have enough assessable income to bother TRD annually with filing a tax return.

Now, say there are 300,000 farang retirees in Thailand who Thai authorities DO NOT know their source of income. 

 

As I have said before, why doesn't every expats just say their remittances are non assessable,and we get the Mods to close all these threads.  It's that simple. 

 

17 minutes ago, JimGant said:

But, for the other 90% of farangs, who don't require filing a tax return -- they're now going to have to file a null tax return, in order to get a piece of paper allowing them to exit the country, or to renew their visa extension.

Up to them, but that's what I will be doing.  

 

18 minutes ago, JimGant said:

So, TRD has to hire another 10,000 agents to process these 270,000 farangs -- but since these 270k farangs add exactly nothing to the tax coffers, those 10,000 new agents are just a blight on the efficiency of TRD -- at a huge cost....

Link please?

 

Extra 10,000 TRD staff for what????

 

Computers do it all.   

 

As I have said before, they will not hire any more staff, just the queue will go out the door and down the street.  TiT.  Do you really think it;'s about service delivery?  It's about making more money with the same resources, in this case, human resources, and they couldn't care less if farang are standing in the hot sun for hours. 

[KhunHeineken]

32 minutes ago, NoDisplayName said:

 

 

"Talkers are no good doers."

  ~William Shakespeare

I've "talked" but soon I will action. 

 

Once again, good luck to those who have decided to do nothing, but just stop selling it on this forum to justify your own inaction on this Thai tax policy. because it's laughable.  

[NoDisplayName]

9 minutes ago, KhunHeineken said:

why doesn't every expats just say their remittances are non assessable

 

Ummmm............that's how the system works.

[KhunHeineken]

7 minutes ago, NoDisplayName said:

 

Ummmm............that's how the system works.

For how long????

 

Also, as another member said, farang are different. and easy targets. 

 

In any case, just do what you want, but stop trying to convince others on this forum that doing nothing in relation to this tax policy is the right way to go just because you chose to do nothing. 

 

It smells of desperation.  

[NoDisplayName]

1 minute ago, KhunHeineken said:

In any case, just do what you want, but stop trying to convince others on this forum that doing nothing in relation to this tax policy is the right way to go just because you chose to do nothing. 

 

It smells of desperation.  

 

1 hour ago, NoDisplayName said:

I filed already, sweetie.  Got me refund, as well.

 

How 'bout you?

 

Gonna submit a return and get the majikal certificate, or just continue to monger your scares?

 

[Yumthai]

1 hour ago, KhunHeineken said:

Yet, everyone is extremely proactive when it comes to visas / extensions and meeting their requirements. 

You can't really compare Immigration rules that are duly enforced at each border crossing with Tax audit & collection that are not.

 

1 hour ago, KhunHeineken said:

I will be declaring the exact amount of my remittances to Thailand. which is exactly what the Thai authorities know anyway.

So you've eventually changed up your mind as you've written multiple times you will use an agent to get the magic tax paper.

 

Seems your persistent scaremongering efforts were not vain since you've achieved to auto-convince yourself.

[rough diamond]

43 minutes ago, KhunHeineken said:

but stop trying to convince others on this forum that doing nothing in relation to this tax policy is the right way to go just because you chose to do nothing. 

Why don't you stop telling people what to do.

As I said earlier people should only post facts, not instructions or guesswork.

[EVENKEEL]

1 hour ago, KhunHeineken said:

I've "talked" but soon I will action. 

 

Once again, good luck to those who have decided to do nothing, but just stop selling it on this forum to justify your own inaction on this Thai tax policy. because it's laughable.  

It's an open forum. You're only giving your opinion....right? Same as everyone.