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Thailand Yet to Finalise Policy on Taxing Expats’ Overseas Income


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Posted
14 minutes ago, EVENKEEL said:

I truly envy those foreigners who don't read any forum bs and haven't heard squat about this.

 

Me too, but I am still holding out as long as possible on remitting anything to Thailand. I want to see the first guinea pigs that go through the tax process, and especially what happens to those who ignore the remittance rules, or play ignorant of them. If I can make it until Jan 1st before needing to remit anything, I should have a clearer picture of things.

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Posted
12 minutes ago, puck2 said:

A very lovely family member of my wife called the Tax-offices in BKK and Mae Hong Son.

She asked them, if a falang has to pay taxes of the money he transfers to Thailand and what already has been taxed in Germany. She also added the question, if I had to go to the tax-office in MHS to get a PIN (number).

 

The Bangkok officer told her: no tax in Thailand because of the DTA (Double Tax Agreement), but she should contact the MHS-Office, too.

The MHS-Tax-Officer confirmed: no tax on my money, that has already been taxed in Germany. Therefore:   I should NOT ask for a PIN-number in the MHS-office, because I don't have any income here in Thailand. If only a few THB of bank interest it would woud alteady have been taxed by the Bank.

 

Did some of our AN-members receive the same answer from their tax-offices?

There have been all sorts of answers, but none in writing. So those who'll get audited in the forthcoming years and a found liable for undeclared income will have to cough up tax + penalties.

 

My wife inquired about me, and the guy said "UN pensionsnot taxable in Thailand", I had never heard of that before...  On the other hand he had never heard about the LTR visa, so he took note of RD. 743 and said he'd look it up, which is doubtful.

 

 

  • Confused 3
Posted
15 minutes ago, Ben Zioner said:

Reading some of the posts here we have Interesting times ahead, I can tell you...

 

Yup, I await those future posts, they should be very entertaining.

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Posted
5 hours ago, JoePai said:

Calm down everyone, after many years in Thailand I understand any new legislation takes many years of to and fro 

 

 

 

Or not really enforced even if it is enacted; simply having no enough manpower.

 

While prostitution is illegal in this kingdom, Pattaya makes one of the biggest Red Light Districts in the world.

 

 

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Posted
5 hours ago, Gsxrnz said:

If I had a choice of volunteering information to the tax man, or slamming my personal appendage in a car door, I'm choosing the latter. :coffee1:

 

Very right/smart response indeed.

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