My Thai Tax Office Tax Filing Experience...

[Sheryl]

3 hours ago, aldriglikvid said:

Not expecting advice, but I'd appreciate your feedback on my situation: 

I transferred approximately 10m THB to my Thai bank in January 2024. All those funds came from my local bank back home, and have been taxed for already (via investing in equites and the such). The purpose for the transfer is probably not relevant for the RD, but I'm disclosing it here for context: purchase of condominium. 

Even though I earned this sum prior to 2024, and could produce documents to show it, I'm somewhat "scared" to file a 10 million remittance to Thailand - and then claim it non-assessable (from my understanding here, isn't really a viable option on the filing docs just yet). I'm afraid that they will be unable to properly understand my local docs, or interpret them to my disadvantage. 

Perhaps a controversial take, but, I'm probably going the route of not filing at all.

There isn't any way to file and declare a remittance non-assessable.

 

In fact the relevant form section is labelled "Assessable Income".

 

So (assuming no other, assessable, remittances) not filing seems the only realistic option. If and when questioned, explain the funds are from pre-2024 savings and thus non assessable.