Tax Filing Experience: Jomtien [March-2025]

[andre47]

25 minutes ago, rough diamond said:

Which country's bank statements are you talking about?

I assume they can get Thai statements but they cannot get, for example, UK statements without a court order. 

Thai statements - of cause

If the taxpayer claims that their remittances to Thailand originate from assets earned in previous years, the tax office may request evidence/receipts. Foreign bank statements may also be required. If these requirements are not met, the tax office may assess the taxpayer's taxable income. Of course, legal action can be taken against the assessment, but the court will also want to see the receipts.

[digger70]

On 3/11/2025 at 6:21 PM, aldriglikvid said:

Hi, 

 

Tax Situation: 

 

- Became a Tax Resident according to the 180 day rule late 2023 

- Transferred a 8 digit number to acquire a condo in early 2024

- Said sum existed, and had been taxed, in 'home country' bank account and brokerage account pre-2024 (2020, 2021, 2022, 2023 etc.) 

- The only income in 2024 is dividends from Thai companies, held in a Thai brokerage - and which withholding tax has already been deducted 

 

From my understanding, there's no assessable income here. (there seems to be contradicting info: if the transfers are sizable enough, they need to be disclosed regardless earned pre-2024?) 

 

Anyhow. Went to the Tax Office today, in Jomtien (Chonburi). I was immediately asked for my banking statements to even process my filing or getting a TIN. She kept hitting this subject, aggressively so, about my banking statements for 2024. Furthermore, she asked if I owned property that I rent out - and if I traded crypto. Hadn't mentioned any of it. Very uncomfortable setting. Essentially, my experience mirrored the most cynical and satirical approach created on this forum. 

 

As I didn't have the banking statements printed (nor wanted to show them), the meeting was over. 

 

I'm now left with two options: 

 

- Not file at all.

 

- Produce end-of-year banking & brokerage statements from my home country and hope that would be sufficient. My hesitation is rather large right now, after the meeting today. 

 

Don't worry Be Happy .

Don't file tax Return ,Wait. for a few years than they may have sorted out this mess and maybe they know by then what they are suppose to be doing regarding what one can do /or not. 

I  wait ,and see what happens .  🙏

[motdaeng]

8 hours ago, aldriglikvid said:

I had the prepared withholding tax document from my Thai bank and the withholding tax from my Thai broker with me. And a copy of my bankbook, TM30, visa and passport. I don't know how to make this much clearer: they wouldn't even entertain giving me or anyone else a TIN without showing my banking statements first. It was literally posted on the wall at several places. 

The post said: 

"Foreigner that want a TIN need to supply the following documents: Banking Statements 2024, TM30, Visa, Passport"  

 

thanks for your response! it looks like you went very well-prepared with all documents ...

 

maybe try a different tax office or the main TRD office in your province ... good luck!

 

btw, in more than 10 years, my family (4 separate tax filings) has never had to submit a "bank statement" to the TRD,

only the bank documents of the withholding tax ...

[mudcat]

14 hours ago, khunPer said:

The official tax rules for foreigner's income tax...

 

 

 

The training and ability of front-line Thai Revenue Department employees is abysmal.  The initial person we interacted with took the leap between determination of whether our income is assessible and beginning to fish for our U.S. income and  pulling out her calculator. I blame the above power point presentation that simplifies an enormously complex area of tax law together with the apparent inability to read either the Thai or English version of the applicable treaty.  

 

After an unpleasant back and forth with her including providing our English/Thai extracts of the Thai-U.S. tax convention she continued to maintain that somehow we owed taxes on our income and remittances.  We demanded to see her supervisor whom we had interacted with before when we were considering moving pre-2024 savings who, after consulting with one of their staff attorneys recognized that my U.S. Social Security and local U.S. government pension were in fact as described in Sections 20 and 21 of the aforementioned treaty and not subject to Thai taxes, and were further more carved out for the standard savings clause in Section 1 paragraph 3a and 3b.  I attach the relevant sections from the Thai-U.S. treaty.

 

Once we were all on the same pages, smiles all around except for her minion who kept her head down as we left.   

[Andycoops]

16 hours ago, timendres said:

My situation is not the norm. I have a TIN and filed tax returns for 10 years due to being employed.

Now retired, my social security from the US is not assessable.

I had 90,000 THB of royalty income, which is less than my deductions - so I owe no tax.

I am filing anyway.

Why? Because I am half convinced that within a year or two, you will need to show a tax filing to get an extension.

 

I used the same accountant I have had for years. She completed the form and submitted it for me.

 

That said, I wish every foreigner would go to the revenue department and tie up their resources for hours on end asking the most inane questions known to man. Because I do not think they will get the revenues they think they are going to get, and thus will abandon the experiment post haste.

I agree, I am only filing (next week) because I too can see that proof of filing a tax return if you are here as a expat on yearly extensions is more likely than not, to be a future requirement to obtain said 1 year extension.

[bamnutsak]

1 hour ago, mudcat said:

Once we were all on the same pages, smiles all around

 

What was your Accessible Income deemed to be, by the supervisor after the acceptable exclusions?

 

Did you end up having to pay any tax?

 

 

[hunkidori]

On 3/11/2025 at 9:19 PM, offset said:

Is the interest earned on savings before 2024 in the UK taxable in Thailand 

Just wondered why you would tell them anything to do with your UK affairs. Nothing to do with them at all.

[anrcaccount]

On 3/11/2025 at 6:42 PM, petermik said:

Forget about it...let them contact you 👍

Well said.

I suspect he'll be waiting a long time, for a call that will never come!