Jump to content

Thailand Yet to Finalise Policy on Taxing Expats’ Overseas Income


Recommended Posts

Posted
On 3/17/2025 at 4:09 PM, Pekaer said:


Are you really still paying tax in your previous living country? TBO, i also checked out from paying tax from where I receive my pension. Therefore the DTA might not be valid for me. Maybe I am naive, but I believe a. pensioners in Thailand are tax accountable, but b. the tax amount for pensioners in Thailand remains 0%. Until there are any further valid information from the Thai Tax Dept I will not do anything. Don’t trust all the surrounding information that come from third hand!

 

Maybe you missed it: I talked about DTA between Thailand and Germany !

Posted

I guess the Thai officers will be very happy about the German-Thai DTA.

 

In Germany many people need a tax accountant to do the very complicated job with a lot of specifique jurustic terms, the normal people cannot understand.

 

Both tax laws, Thai and German,  have special terms and exemptions. How to compare and work with them?

 

Only 1 example of many:

the personal exemptions are never the same. In Germany more than 11.000 Euros (in THB more than 396.000 THB) are an elemmentary exemption, and if you are married the double amount!. In Thailand much lower. How to compare and work with them?  The list goes on and on!

 

The Thai ofiice would only tax the money you transfer to Thailand to make it not so difficult -  if no DTA. 

Posted
18 hours ago, jwest10 said:

You are probably right but in any case my personal allowances are higher than my income and been told by my local Revenue Office that I simply do not file.

There is no probably.

I quote fact.

 

If your transfers are below the alliowances then there should be no need to file a tax return.

  • Agree 2
Posted
18 hours ago, jwest10 said:

Many do not live in Hua Hin and totally different in other Provinces!!!

Read the post fully. Its not just about hua hin.

  • Haha 1
Posted
On 3/17/2025 at 3:13 AM, 4MyEgo said:

I have come to the conclusion after reading many posts on this topic that I shall gift a million baht to my wife annually.

 

Once I gift her the money, I shall state, as she will, that I do not eat from the same plate, and if they want to suggest otherwise, then I will tell them to prove it, as the onus will be on them.

 

I do not own a home, I do not own a car, we have separated as husband and wife and I live in the back of the house and remain for the kids, I eat Kellogg's all bran for breakfast, have a tuna sandwich for lunch, and a bowl of spag for dinner and support myself, in other words, Garn Get Fruit Loops.

 

Livin' th' dream, eh?

  • Haha 2
Posted

Just came back from my local Revenue Office. Took with me everything which I needed. The lady looked at everything but obviously was not 100% certain on the matter. She went to get her superior. Superior asked me several questions.

Which country do you get your income paid? Do you work in Thailand? Do you pay tax on your income in the UK? Do you have evidence that you pay tax in the UK? After answering the questions and providing evidence, the lady informed me that there is no need to fill a tax form in Thailand. If I decided to change and pay tax on my UK income in Thailand then I would need to fill in a form. So for me until there is a clear instruction I will just carry on as normal 

  • Like 2
Posted
On 3/17/2025 at 7:33 AM, webfact said:

Feedback from various provinces highlights inconsistency in TRD office approaches, with assessments differing vastly and discretion seemingly prevailing over standardised rules.

No, the reason for the disparities among provincial TRD offices -- is because there is no STANDARDIZATION.

  • Agree 1
Posted
On 3/18/2025 at 9:06 AM, StayinThailand2much said:

 

Fair enough. But did they also tell you how the bank will distinguish between 'retirement pensions' and other transfers, before withholding tax?

To be truthful, they didn't seem to know a lot about anything. 

Posted
On 3/18/2025 at 9:06 AM, StayinThailand2much said:

 

Fair enough. But did they also tell you how the bank will distinguish between 'retirement pensions' and other transfers, before withholding tax?

This I have just found on a translantion about pensions with a double tax treaty.                   

  1. It’s a pension you earned before 2024. Keep your pension record well just in case the Revenue Department ask for it.
  2. There’s a double taxation agreement between Thailand and your country stating that the pension, mainly from the government, is subject to tax exclusion.
  3. It’s a pension that falls under non-accessible income, such as payments from the US Social Security.

On the other hand, if it’s a pension from a private company, such as through an investment, it’s likely that you need to pay tax on that.

Posted
1 hour ago, Lopburikid said:

This I have just found on a translantion about pensions with a double tax treaty.                   

  1. It’s a pension you earned before 2024. Keep your pension record well just in case the Revenue Department ask for it.
  2. There’s a double taxation agreement between Thailand and your country stating that the pension, mainly from the government, is subject to tax exclusion.
  3. It’s a pension that falls under non-accessible income, such as payments from the US Social Security.

On the other hand, if it’s a pension from a private company, such as through an investment, it’s likely that you need to pay tax on that.

 

 

Errr.......This was cutting edge info about 20 tax threads ago.....

  • Agree 1
Posted
15 hours ago, SingAPorn said:

I am not going to give a penny to the local xenophobic greed who never cease to hassle foreigners here in Thailand.

 

Those who can, stay for 179 days only. Move over to other sunny and low cost nations like Portugal or Malta, or elsewhere in Asia.

 

2 of my neighbours in Hua Hin have already packed since last year and now only stay in Thailand for 4 months. The other lucky countries get their money for the remaining time on the calender year.

Most have Thai families and impossible but no tax as stated for me  by the Revenue office

Posted
5 hours ago, Expat68 said:

Just came back from my local Revenue Office. Took with me everything which I needed. The lady looked at everything but obviously was not 100% certain on the matter. She went to get her superior. Superior asked me several questions.

Which country do you get your income paid? Do you work in Thailand? Do you pay tax on your income in the UK? Do you have evidence that you pay tax in the UK? After answering the questions and providing evidence, the lady informed me that there is no need to fill a tax form in Thailand. If I decided to change and pay tax on my UK income in Thailand then I would need to fill in a form. So for me until there is a clear instruction I will just carry on as normal 

Precisely and my local Revenue Office stated the same and had my written figures  with me and did not want to see them and yes my total personal allowances of 500K exceeds my income and also know a Thai friend who has his own business and has a friend in the  Revenue office and also confirmed this.
So many viewpoints and frankly a not very thought out  process  at all!!!
 

  • Like 1

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.




×
×
  • Create New...