Tax files

[newbee2022]

8 hours ago, NoDisplayName said:

 

Read your DTA.  Each one is different.

 

It should specify all the pension types included - state, government, private, other.

No

[sqwakvfr]

I have a state pension and a monthly payment from an IRA distribution.  So at this point it seems like "clear as mud" to me. 

[Presnock]

15 hours ago, newbee2022 said:

Easier to go to the office. They are very friendly, speaking English if required and can explain. No lawyer involved.

Actually, I continue to wonder if any local TRD office knows all the details about the new tax interpretation.  If one goes to a local office and gives incorrect information, will the TRD itself allow one to not follow the new regulations?  IMHO none of local offices know all the details yet, let alone DTA details of 61 countries.

[newbee2022]

10 minutes ago, Presnock said:

Actually, I continue to wonder if any local TRD office knows all the details about the new tax interpretation.  If one goes to a local office and gives incorrect information, will the TRD itself allow one to not follow the new regulations?  IMHO none of local offices know all the details yet, let alone DTA details of 61 countries.

Your comment makes me wonder. Since it's not a new law, the officers are well informed. Not necessary to know all DTAs, but to know what is taxable. If you pay too much in Thailand (in your opinion) you'll apply for tax return 

[sqwakvfr]

I do see the end game for Foreigner Tax or Foreigner Income  Tax matters:  Tax Prepartion Agents for Thai Tax Residents.  I cannot imagine me sitting in front of  Thai Revenue Agent having an indept discussion about 1031 exchanges, distribtions from  Roth or  Traditional IRA's , taxable or tax exempt dividends and lasty short term or long term capital gains.  In the past these subjects came up in my tax returns and I have always used a CPA to file my tax returns.  Lately my income tax returns are less complicated but still require a CPA to file them.  

 

I wonder if a Visa Agent and a Expat Tax preparatiion agent can work out of the same office? Also, I wonder how much a Thai Tax return filed by an agent would cost?   Streamlined and efficient are rare in the Land of Smiles.  

[NoDisplayName]

4 hours ago, newbee2022 said:

No

 

Unclear.

 

No, your DTA doesn't specify.

 

     or

 

No, you won't read it.

[NoDisplayName]

2 hours ago, Presnock said:

Actually, I continue to wonder if any local TRD office knows all the details about the new tax interpretation.  If one goes to a local office and gives incorrect information, will the TRD itself allow one to not follow the new regulations?  IMHO none of local offices know all the details yet, let alone DTA details of 61 countries.

 

Would you expect them to know?

This is not the land of merit-based promotion.

 

One wonders how many nephews are placed in management positions in podunk offices, or perhaps how many simply buy the government job.

 

If that were the case, as is common knowledge with schools and police and military, who knows how someone happens to get positions of authority in other departments.

 

Now with changes filtering down from above, those that may not have any real understanding of the tax code, yet whose decisions are final and unquestioned by the underlings in their petty fiefdom..............are being questioned.  By foreigners!

[Presnock]

2 hours ago, newbee2022 said:

Your comment makes me wonder. Since it's not a new law, the officers are well informed. Not necessary to know all DTAs, but to know what is taxable. If you pay too much in Thailand (in your opinion) you'll apply for tax return 

That is what the TRD lawyer said that I listened to yesterday.  His final words were "get a tax ID, file your taxes your taxes and pay if due, or if you paid too much, the RD will give you a refund."

[Presnock]

2 hours ago, newbee2022 said:

Your comment makes me wonder. Since it's not a new law, the officers are well informed. Not necessary to know all DTAs, but to know what is taxable. If you pay too much in Thailand (in your opinion) you'll apply for tax return 

yes it is not a new lw but this new "interpretation" of that law is decades old so many trd employees may have not even been around since the change.

[newbee2022]

13 minutes ago, Presnock said:

yes it is not a new lw but this new "interpretation" of that law is decades old so many trd employees may have not even been around since the change.

Well, but the tax officers know. And that's what counts 

[newbee2022]

21 minutes ago, NoDisplayName said:

 

Would you expect them to know?

This is not the land of merit-based promotion.

 

One wonders how many nephews are placed in management positions in podunk offices, or perhaps how many simply buy the government job.

 

If that were the case, as is common knowledge with schools and police and military, who knows how someone happens to get positions of authority in other departments.

 

Now with changes filtering down from above, those that may not have any real understanding of the tax code, yet whose decisions are final and unquestioned by the underlings in their petty fiefdom..............are being questioned.  By foreigners!

Ah, we're on the Thai bashing road again? Laughable.🤗

[newbee2022]

30 minutes ago, NoDisplayName said:

 

Unclear.

 

No, your DTA doesn't specify.

 

     or

 

No, you won't read it.

In general I decided not to read every garbage, just scroll on works for me.