Thailand Yet to Finalise Policy on Taxing Expats’ Overseas Income

[kuzmabruk]

Why listen to idiots ???    
 

The RD (revenue department) of Thailand posts the tax rules for Thais and foreigners.  
 

https://www.rd.go.th/fileadmin/user_upload/lorkhor/newspr/2024/FOREIGNERS_PAY_TAX2024.pdf

[VBF]

I find this hilarious!

After all the "Chicken Little" threads on AN over the past few months, STILL nothing to be concerned about for the foreseeable future.

And to the "advisers" offering their paid services.... UP YOURS 😊

[black tabby12345]

2 hours ago, EVENKEEL said:

So, nothing worth reporting gets written.  I find it mildly amusing.

 

 

 

Looks like some ”undercover agent" from accounting firms,  among the viewers of this forum.

As the thread urging expats to register for tax return pops  up periodically, after May last year.

 

[Guderian]

They need to fix two things before I'd part with a satang in income tax here:

 

1) Firstly, apply the same rules to your own citizens as you're trying to do to expats. When every single working-age Thai has a TIN and files an annual tax return, then I might consider doing so too.

 

2) Taxation is a two-way street, if you want to take you need to give something back in return. So, for example, anyone who pays Thai income tax should NOT be treated as a long-stay tourist but as a permanent resident, with the right to own land and access the Thai healthcare system if they want to, and no tedious Immigration reporting or annual visa renewals with all sorts of bells and whistles attached.

 

As the situation stands, they're trying to take expats living here for suckers, applying strict rules for foreigners and extremely lax ones for Thais, milking pensioners for all they've got and giving nothing back in return. More fool you if you're willing to accept that. 

[Geir Rasch]

1 hour 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?

Different agreement for different countries. Norways tax treaty with Thailand gives Thailand exclusive rights to tax pension for Norwegian expat, and it is good for Norwegian's because it result in lower tax. 

[EVENKEEL]

10 minutes ago, black tabby12345 said:

 

Looks like some ”undercover agent" from accounting firms,  among the viewers of this forum.

As the thread urging expats to register for tax return pops  up periodically, after May last year.

 

Mike Lister fits the description. He got the ball rolling.

[redwood1]

19 minutes ago, kuzmabruk said:

Why listen to idiots ???    
 

The RD (revenue department) of Thailand posts the tax rules for Thais and foreigners.  
 

https://www.rd.go.th/fileadmin/user_upload/lorkhor/newspr/2024/FOREIGNERS_PAY_TAX2024.pdf

 

Ok I will not listen to you then.

[Ben Zioner]

37 minutes ago, black tabby12345 said:

 

Very right/smart response indeed.

Naahh, he just got peculiar priorities..

[hotchilli]

3 hours ago, hotsun said:

Im not giving them a cent. I suggest everyone else does the same

I'm sitting tight on this one... wait until it becomes law, not just something the IRS is still debating on

[cardinalblue]

The only date that matters to me is my visa expiration date in Dec and when I apply for an extension and nothing is said about showing tax receipts then I am good for another year 

[RamblingOn]

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 

 

 

This is existing legislation, never enforced.

[DULEROY]

6 hours ago, webfact said:

Photo d'archives à titre de référence uniquement

À l'approche de la date limite d'enregistrement pour l'impôt sur le revenu des personnes physiques de 2024, la position de la Thaïlande concernant la taxation des transferts de fonds des expatriés demeure confuse. Certains affirment que l'utilisation et les transferts internationaux par carte de crédit pourraient être taxés, tandis que d'autres jugent la situation moins tranchée.

 

Il y a un débat sur la question de savoir si toute personne ayant séjourné en Thaïlande pendant plus de 180 jours l'année dernière doit déposer une déclaration, mais cela dépend si elle a transféré des revenus « imposables ».

 

Benjamin Hart, figure emblématique du monde juridique thaïlandais, a critiqué les conseils alarmistes prodigués aux expatriés, notamment à ceux qui dépendent de pensions étrangères avant impôts. Il suggère de consulter des experts fiscaux thaïlandais, la loi n'ayant pas changé, mais simplement une nouvelle interprétation par le Département des recettes fiscales thaïlandais (TRD).

 

Certains experts pensent que des actions en justice pourraient être intentées contre ces interprétations, même si aucune n’a encore été intentée.

 

Le nouveau directeur général du TRD, Pinsai Suraswadi, a souligné que le paiement des impôts dépendait des revenus individuels et des traités internationaux. Ses commentaires suggèrent que cette politique découle principalement des pressions économiques, notamment l'augmentation de la dette publique et le vieillissement de la population.

 

 

Les commentaires provenant de diverses provinces mettent en évidence une incohérence dans les approches des bureaux TRD, les évaluations étant très différentes et la discrétion semblant prévaloir sur les règles standardisées.

 

Certains bureaux suggèrent même aux expatriés de déclarer leurs revenus sur la base des 800 000 bahts nécessaires chaque année pour les prolongations de retraite, en ajustant les cotisations fiscales en conséquence.

 

Malgré les débats en cours, un nombre important d’expatriés restent réticents à s’engager dans le système, comptant sur les conventions de double imposition pour se protéger.

 

Il est évident que le gouvernement thaïlandais doit de toute urgence revoir et clarifier ses politiques pour éviter toute confusion supplémentaire et garantir un traitement équitable à tous les résidents fiscaux, a rapporté Pattaya Mail.

 

-- 2025-03-17

 

 

 

[twizzian]

If and when it ever comes to the knock on the door to steal our money, I never new or read about it in the news.

[AAArdvark]

All I know is that I will never have to pay taxes

[lordgrinz]

1 minute ago, twizzian said:

If and when it ever comes to the knock on the door to steal our money, I never new or read about it in the news.

 

"In Thailand, the Royal Gazette (official publication) announced that foreign income earned after January 1, 2024, and remitted into Thailand, will be taxed under Section 41 of the Revenue Code, while income earned before that date is exempt from tax"

[black tabby12345]

5 minutes ago, cardinalblue said:

The only date that matters to me is my visa expiration date in Dec and when I apply for an extension and nothing is said about showing tax receipts then I am good for another year 

 

I do it this month.

And I would also like to report it here.

[DULEROY]

Farang very intelligent, better to know Thai law and especially not to want to pay!! 😅

https://www.rd.go.th/fileadmin/user_upload/lorkhor/newspr/2024/FOREIGNERS_PAY_TAX2024.pdf

Thailand’s Double Tax Treaties: Download Any Thailand DTA  ARTICLE 23 Elimination of double taxation 

March 19, 2024 

 

 

 

 

 

FOREIGN TAX RELIEF
กรมสรรพากร THE REVENUE DETENT
Income tax paid abroad can be credited against Thai taxes
if permitted under Double Tax Agreement (DTA).
So, there will be no double taxation for residents of Thailand.
• When a foreigner who is a resident of Thailand pays tax on income abroad, tax paid can be taken as a credit against the tax payable in Thailand.
• Credit amount cannot exceed the amount of Thailand's tax liable to the foreign-sourced income.
Remarks: Documents and evidence may be required in order to prove sources of income and to claim foreign tax credit under Double Taxation Agreement.
• Documents must be in English or Thai.
• For the evidence to claim foreign tax credit, Tax Payment Certificate issued by foreign tax authority is recommended.

 

[watchcat]

3 hours ago, Emdog said:

"Some offices even suggest expats declare income based on the 800,000 baht needed annually for retirement extensions, adjusting tax dues accordingly."

My SCB account already takes taxes out... shows as a line 'tx" in my passbook

 

So does Bankok bank but Krung Sri bank does not.

[NoDisplayName]

3 hours ago, EVENKEEL said:

So, nothing worth reporting gets written.  I find it mildly amusing.

 

 

 

Apparently, "Generalissimo Francisco Franco is still dead."

[shavedPotter]

Why does this smell of jet fuel and aircraft flying below tree level?

[wensiensheng]

6 hours ago, JoePai said:

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

 

 

It says in the article, and has been said many times times before, there is no new legislation, just a different interpretation of existing legislation 

[DULEROY]

19 minutes ago, black tabby12345 said:

 

I do it this month.

And I would also like to report it here.

It's not time yet
The Thai Revenue Department is amending the tax law to tax worldwide income, not imported income.

[NoDisplayName]

1 hour ago, black tabby12345 said:

 

Thai tax law comes with some trap.

Those who lodged tax return last year, will be required to do the same this year and onward.

That's something I have read in recent months(listed in their online "booklet".

 

Citation, please.

 

I have seen nothing that says once you've filed once, you must file forevers.

[watchcat]

6 hours ago, webfact said:

Some experts believe potential legal actions might arise against these interpretations, though none have surfaced yet.

 

Thats because they don't know anything about this, had they have any knowledge of this they would have posted it, but they don't know, so Im doing nothing.

 

[black tabby12345]

4 minutes ago, DULEROY said:

It's not time yet
The Thai Revenue Department is amending the tax law to tax worldwide income, not imported income.

 

One thing you should know.

Whatever the head of the tax department says, the actual laws weren't passed/changed yet.

That is why no one is sure about it.

 

 

[BillyBobzTeeth]

Stamp Pimps!...Sorry I had to 

[Thingamabob]

Message to the Pattaya Mail, give it a rest.

[crazykopite]

Nothing is going to happen due to the incompetence of the few who work in the government tax office it will take years to sort it out by then I’ve most probably departed this world via my local temple chimney in a puff of smoke 

[crazykopite]

19 minutes ago, watchcat said:

 

So does Bankok bank but Krung Sri bank does not.

K bank sent out a form for members to complete it was by way of email I deleted it by mistake !

[EVENKEEL]

1 hour ago, Robert_Smith said:

..'ere comes the inevitable Thai back-pedal..

 

Has the penny finally dropped that the well healed will just up and leave if they implement this absolutely ridiculous regulation?

 

Looking forward to the 'It was all just a big misunderstanding' article in a few weeks...

 

regards,

bob.

The Thais have zero to back-peddle. It's the foreigners who took a snippet of info and just made stuff up.